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Rainmaker Worldwide investor reports 16.9% stake

Schedule 13D shows Kelly Michelle White holding 16.9% of Rainmaker Worldwide Inc. including substantial shares issuable from a convertible note and option compensation.

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Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Rainmaker Worldwide Inc. (RAKR) received a Schedule 13D filing from Kelly Michelle White and 2752128 Ontario Ltd. reporting significant beneficial ownership of its common stock. Applying Rule 13d-3(d)(1), Ms. White may be deemed to beneficially own 17,123,475 shares, or 16.9% of the common stock, including shares issuable upon conversion of a note and exercise of an option held through 2752128 Ontario Ltd.

The filing explains that Rainmaker issued 11,665,694 shares on January 2, 2025 upon full conversion of two consulting-related promissory notes at a fixed price of $0.0347 per share, representing about $404,799.58 of principal and interest, and later issued an additional 3,000,000 shares on April 24, 2025 as service compensation. On December 31, 2025, Rainmaker issued 2752128 Ontario Ltd. a convertible promissory note with $163,888.08 principal, 10% annual interest, and a fixed conversion price of $0.027 per share, which as of September 21, 2026 was convertible into 6,508,959 shares. 2752128 Ontario Ltd. also holds a fully vested option for 100,000 shares at an exercise price of $0.0347 per share, expiring July 1, 2027.

Positive

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Negative

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Filing Explained

The reported 16.9% beneficial stake includes unissued shares, so current rights and dilution depend on conversion or exercise.

This Schedule 13D reports beneficial ownership that includes 6,508,959 shares issuable under a convertible note and 100,000 shares under an option; those shares are not currently issued, and the note gives no shareholder rights until conversion.

A Schedule 13D discloses ownership above 5%; here, the reported 16.9% stake combines directly held shares with these conversion and exercise rights.

If the note is converted or the option is exercised, the resulting share issuance would increase the share count and reduce existing holders’ percentage ownership absent offsetting changes.

The filing states that 837,997 shares identified in a January 2026 Form 144 were not sold, while a separate 164,000-share option expired in April 2026.

The next concrete milestones are the note’s December 31, 2026 maturity and the option’s July 1, 2027 expiration; the filing does not report that either right has been exercised.

Beneficial ownership – Kelly Michelle White 17,123,475 shares (16.9% of class) Calculated under Rule 13d-3(d)(1) based on adjusted 101,613,232-share denominator
Beneficial ownership – 2752128 Ontario Ltd. 6,608,959 shares (6.5% of class) Includes shares issuable from convertible note and stock option
Shares issued on January 2, 2025 conversion 11,665,694 shares at $0.0347 per share Conversion of two consulting-related promissory notes totaling about $404,799.58 of principal and interest
Additional service shares 3,000,000 shares Issued April 24, 2025 as compensation for services rendered
Convertible promissory note principal $163,888.08 Note issued December 31, 2025 to 2752128 Ontario Ltd., bearing 10% simple annual interest
Shares issuable from note and interest 6,508,959 shares 6,069,929 from principal and 439,030 from accrued interest as of September 21, 2026
Stock option held by 2752128 Ontario Ltd. 100,000 shares at $0.0347 exercise price Fully vested, currently exercisable, expiring July 1, 2027
Shares outstanding baseline 95,004,273 shares Common stock issued and outstanding as reported by Rainmaker Worldwide Inc.
Schedule 13D regulatory
"received a Schedule 13D filing from Kelly Michelle White"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially own regulatory
"Kelly Michelle White may be deemed to beneficially own 17,123,475 shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Rule 13d-3(d)(1) regulatory
"applying Rule 13d-3(d)(1) to shares acquirable within 60 days"
convertible promissory note financial
"issued 2752128 Ontario Ltd. a convertible promissory note in the principal amount"
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.
stock option financial
"holds a fully vested stock option currently exercisable for 100,000 shares"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
share consolidation market
"following the Company's share consolidation and a January 2024 Board modification"
Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.

FAQ

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

How much of Rainmaker Worldwide Inc. (RAKR) stock does Kelly Michelle White beneficially own?

Kelly Michelle White may be deemed to beneficially own 17,123,475 shares of Rainmaker Worldwide Inc. common stock, representing approximately 16.9% of the class, including shares held directly and shares issuable from a convertible note and a stock option.

What is the ownership reported for 2752128 Ontario Ltd. in RAKR?

2752128 Ontario Ltd. may be deemed to beneficially own 6,608,959 shares of Rainmaker Worldwide Inc. common stock, representing approximately 6.5% of the class, all from shares issuable upon conversion of a convertible promissory note and exercise of a stock option.

How were most of Kelly Michelle White’s RAKR shares acquired?

Rainmaker Worldwide Inc. issued 11,665,694 shares on January 2, 2025 upon full conversion of two consulting-related promissory notes at $0.0347 per share, and an additional 3,000,000 shares on April 24, 2025 as compensation for services rendered.

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

The December 31, 2025 convertible promissory note has principal of $163,888.08, bears 10% simple annual interest, matures December 31, 2026, and is convertible at a fixed price of $0.027 per share into Rainmaker Worldwide Inc. common stock.

How many shares of RAKR are issuable from the note and interest as of September 21, 2026?

As of September 21, 2026, the outstanding principal of $163,888.08 is convertible into 6,069,929 shares and accrued interest of $11,853.82 is convertible into 439,030 shares, for a total of 6,508,959 shares issuable under the convertible note.

What share count did Rainmaker Worldwide Inc. report for calculating the ownership percentages?

The ownership percentages are based on 95,004,273 shares of Rainmaker Worldwide Inc. common stock issued and outstanding, as reported by the company, with the denominator adjusted under Rule 13d-3(d)(1) to 101,613,232 shares for Ms. White’s calculation.

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)
01/02/2025

(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 6,508,959 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 in April 2026. The 837,997 shares reported on Form 144 were not sold.


SCHEDULE 13D




Comment for Type of Reporting Person:
Beneficial ownership reflects 6,508,959 shares issuable upon conversion of the December 31, 2025 convertible promissory note as of September 21, 2026, consisting of 6,069,929 shares attributable to principal of $163,888.08 and 439,030 shares attributable to accrued interest of $11,853.82, plus 100,000 shares issuable upon exercise of an outstanding stock option expiring July 1, 2027.


SCHEDULE 13D


Kelly Michelle White
Signature:/s/ Kelly Michelle White
Name/Title:Kelly Michelle White
Date:09/21/2026
2752128 Ontario Ltd.
Signature:/s/ Kelly Michelle White
Name/Title:Kelly Michelle White, President
Date:09/21/2026

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