Rainmaker Worldwide Inc. Form SCHEDULE 13D/A — Oct 8, 2026
Michael John O'Connor, Rainmaker Worldwide's former CEO who resigned in September 2026, filed Amendment No. 2 to his Schedule 13D disclosing he disposed of 8,250,000 shares in three private sales during late September and early October 2026. Sale prices fell sharply across the transactions, from $0.03 per share to $0.0125 and then $0.005 per share, generating only about $94,375 in total proceeds. O'Connor still beneficially owns 8,097,856 shares, roughly 8% of the class, including 5,476,754 shares issuable on conversion of a Larchwood Management Partners convertible note ($137,301.99 principal at a $0.027 conversion price, maturing December 31, 2026).
Key figures
- Oconnor percent
- 8%
- Larchwood shares
- 5476754
- Larchwood percent
- 5.5%
- Shares sold total
- 8250000
- Conversion price usd
- 0.027
- Oconnor beneficial ownership
- 8097856
- Shares outstanding denominator
- 100745027
AI analysis
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