SEC Filing⚠ 6
RAKR: SCHEDULE 13D · ownership disclosure
A Schedule 13D discloses that Michael John O'Connor and Larchwood Management Partners Inc. beneficially own 16,055,992 shares of Rainmaker Worldwide common stock, roughly 16% of the class, consisting of 10,607,102 shares held directly by O'Connor plus 5,448,890 shares issuable on a convertible note held by Larchwood. The filing acknowledges it was submitted after the applicable deadline, with the obligation arising on January 2, 2025 when Larchwood converted approximately $529,859.63 of debt into 15,269,730 shares at $0.0347 per share.
Ownership shifted repeatedly over the following months: the issuer issued 3,000,000 additional shares as service compensation in April 2025, gifts moved 6,300,000 shares for no consideration, Larchwood transferred 16,518,432 shares to O'Connor personally in July 2025, and private sales of 611,330 shares ($0.0347) and 1,000,000 shares ($0.03) followed in August and December 2025. A January 2026 Form 144 covering 837,997 shares was never consummated.
On December 31, 2025, Rainmaker issued Larchwood a $137,301.99 convertible promissory note bearing 10% simple interest, maturing December 31, 2026, and convertible at a fixed $0.027 per share, creating further dilution potential. O'Connor, Rainmaker's former CEO and director, resigned those positions in September 2026, and the Reporting Persons state they currently have no plans or proposals regarding the company.
SEC SCHEDULE 13D•1mo ago