Skip to content

8-KAccepted Sep 23, 2:03 PM ET

Rainmaker Worldwide Inc. Enters Interim Finance & Management Agreements

RAKRRainmaker Worldwide Inc.

Accepted (ET)

2:03 PM

Sep 23, 2026

Filed

Sep 23, 2026

Documents

13

Size

329.3 KB

Summary

Rainmaker Worldwide Inc. Enters Interim Finance & Management Agreements

Updated

What Happened

  • Rainmaker Worldwide Inc. filed an 8-K on Sept. 23, 2026 disclosing two interim services agreements effective Sept. 22, 2026.
    • An Interim Vice President, Finance & Administration Services Agreement with 2752128 Ontario Ltd., to provide finance, accounting, reporting and corporate-administration services principally through Kelly White (a director and Treasurer, designated Principal Financial Officer and Principal Accounting Officer). The Company will pay 2752128 US$2,500 per month (prorated), totaling US$8,250 if the agreement runs through Dec. 31, 2026. Compensation may be deferred if the Company lacks cash. This replaces the prior interim finance agreement effective May 1, 2026 (amounts earned under the prior agreement remain payable). Ms. White disclosed her interest and abstained from Board approval; disinterested directors Michael A. Skinner and Ryan D. Moore approved the agreement.
    • An Interim Strategic Management Services Agreement with a separate Ontario corporation operating as Miranda Water Technologies (Miranda), to provide strategic advisory, capital-markets, stakeholder, government-relations, marketing and public-company communications services principally through Michael A. Skinner, Ryan D. Moore and Catia Skinner. The Company will pay Miranda US$1,500 per month (prorated), totaling US$4,950 if the agreement runs through Dec. 31, 2026. All compensation is payable to Miranda (not directly to individuals). Messrs. Skinner and Moore disclosed their interests and abstained; disinterested director Kelly White approved the agreement.

Key Details

  • Effective date of both agreements: Sept. 22, 2026; term through Dec. 31, 2026 unless earlier terminated or extended.
  • VP Finance fee: US$2,500 per month; total base US$8,250 if in effect through Dec. 31, 2026.
  • Management Services fee: US$1,500 per month; total base US$4,950 if in effect through Dec. 31, 2026.
  • Both agreements involve related parties (directors/officers have management or financial interests in the service providers); each interested director disclosed and abstained, and disinterested directors approved.

Why It Matters

  • These are short-term, low-dollar interim arrangements intended to maintain finance, accounting and strategic management support through year-end 2026. For investors, the filing signals continuity in key financial and executive support functions (the company’s PFO/PAccounting Officer and senior management advisors remain in place via contracted services).
  • Because the agreements are with related parties and involve director/officer interests, the Board documented disclosures and disinterested approvals—an important corporate governance detail for shareholders.
  • The arrangements are modest in cost and can be prorated or deferred if cash is unavailable; they do not represent long-term compensation commitments or changes to the Company’s operational control disclosed in this filing.

AI-written summary · check the filing