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Rainmaker Worldwide ( (RAKR) ) has issued an announcement.
Rainmaker Worldwide Inc. announced a significant transaction involving its Series A Preferred Stock. On June 16, 2025, the company converted 33,462 Series A Preferred Shares into 2,297,467 common shares, increasing its total common shares from 58,835,595 to 61,113,062. The following day, the company issued 430,000 additional Series A Preferred Shares in a private placement to the same shareholder, bringing the total outstanding Series A Preferred Shares to 545,538. These transactions reflect strategic financial maneuvers to adjust the company’s capital structure, potentially impacting its market positioning and shareholder value.
More about Rainmaker Worldwide
Average Trading Volume: 194,216
Technical Sentiment Signal: Sell
Current Market Cap: $2.5M
See more data about RAKR stock on TipRanks’ Stock Analysis page.