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Rainmaker Worldwide: White reports 16.9% stake

The reported ownership percentages include shares acquirable under the note and option, and the two reporting-person totals overlap.

(Moderate)

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Rainmaker Worldwide Inc. is the issuer in an amended beneficial-ownership report by Kelly Michelle White and 2752128 Ontario Ltd. White, who became a director and Treasurer, Principal Financial Officer and Principal Accounting Officer effective September 21, 2026, is reported as beneficially owning 17,171,626 shares (16.9%): 10,514,440 held directly, approximately 6,557,186 issuable upon conversion of the company’s note held by the Ontario corporation, and 100,000 issuable under its option. The corporation is reported as beneficially owning 6,657,186 shares (6.5%); these totals overlap and must not be added.

The note has principal of US$163,888.08, bears 10% simple annual interest, converts at US$0.027 per share, and matures December 31, 2026. The amendment corrects White’s direct holding from 10,514,516 to 10,514,440 and dates a 2,000,000-share gift to January 1, 2026; it states these corrections do not reflect an additional disposition. Information is current through October 20, 2026.

Filing Explained

The note’s 6,557,186 potential shares are not issued yet and carry no shareholder rights before conversion.

This amendment confirms that the 837,997 shares covered by the January 2026 Form 144 were not sold and remain in Kelly Michelle White’s reported direct holdings, so the proposed sale did not reduce that reported holding. The filing also reports no common-stock transactions by either reporting person since September 21, 2026.

The approximately 6,557,186 shares attributed to the note are conversion shares, not issued common stock; the filing says no shareholder rights attach until conversion. If converted, issuing those shares would increase the share count and reduce existing holders’ percentage ownership, absent offsetting changes.

Kelly Michelle White beneficial ownership 17,171,626 shares 16.9% of the class under the reported methodology
White shares held directly 10,514,440 shares Direct holding reported after the January 1, 2026 gift
2752128 Ontario Ltd. beneficial ownership 6,657,186 shares 6.5% of the class; overlaps with White’s reported total
Shares issuable upon note conversion Approximately 6,557,186 shares Principal and accrued interest through October 20, 2026
Convertible note principal US$163,888.08 Note issued December 31, 2025
Note interest rate 10% per annum Simple interest
Note conversion price US$0.027 per share Conversion of principal and accrued interest
Stock option 100,000 shares at $0.0347 per share Expires July 1, 2027
Rule 13d-3(d)(1) regulatory
"Rule 13d-3(d)(1) methodology to shares acquirable within 60 days"
convertible promissory note financial
"a Convertible Promissory Note issued by Rainmaker Worldwide Inc."
A convertible promissory note is a loan a company takes now that can later be turned into shares instead of being repaid in cash. Think of it as lending money with the option to accept ownership in the business down the road; that matters to investors because it affects who gets paid first, how much ownership existing shareholders keep, and the company’s future valuation and cash needs. Terms such as conversion price, interest and maturity determine the financial impact.
simple interest financial
"bears simple interest at 10% per annum"
Simple interest is a way of calculating interest where payments are based only on the original amount lent or invested, not on interest that accumulates over time. Think of it like getting a fixed tip each period on the initial bill rather than earning interest on the tip itself; it keeps returns predictable and makes it easy for investors and borrowers to compare total interest cost or income over a set term.
sole dispositive power regulatory
"Sole Dispositive Power 17,171,626.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RAKR shares does Kelly Michelle White beneficially own?

Kelly Michelle White is reported as beneficially owning 17,171,626 shares, or 16.9%, including 10,514,440 held directly, approximately 6,557,186 issuable under a note, and 100,000 issuable under an option. 2752128 Ontario Ltd.’s reported 6,657,186-share total overlaps and is not additive.

What are the terms of the RAKR convertible note held by 2752128 Ontario Ltd.?

The note has US$163,888.08 principal, bears 10% simple interest per annum, and is convertible at US$0.027 per share. It matures December 31, 2026, and conversion covers principal and accrued interest.

What are the terms of 2752128 Ontario Ltd.’s RAKR stock option?

The Ontario corporation holds a fully vested, currently exercisable option for 100,000 common shares at $0.0347 per share, expiring July 1, 2027.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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75088P200

(CUSIP Number)
Kelly Michelle White
2510 East Sunset Road, Suite 5 #925,,
Las Vegas, NV, 89120
702-608-1990

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
09/21/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Includes 6,557,186 shares issuable upon conversion of 2752128 Ontario Ltd.'s convertible note and 100,000 shares issuable upon exercise of an outstanding option. The separate 164,000-share option expired April 1, 2026. The 837,997 shares reported on Form 144 were not sold. The two reporting-person totals overlap and must not be added together.


SCHEDULE 13D




Comment for Type of Reporting Person:
Beneficial ownership reflects approximately 6,557,186 shares issuable upon conversion of the December 31, 2025 convertible promissory note through October 20, 2026, consisting of principal of US$163,888.08 and accrued interest of US$13,155.95, plus 100,000 shares issuable upon exercise of the option expiring July 1, 2027. The corporation holds no outstanding common shares directly. The reporting-person totals overlap and must not be added together.


SCHEDULE 13D


Kelly Michelle White
Signature:/s/ Kelly Michelle White
Name/Title:Kelly Michelle White
Date:10/22/2026
2752128 Ontario Ltd.
Signature:/s/ Kelly Michelle White
Name/Title:Kelly Michelle White, President
Date:10/22/2026

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