RAKR settles legacy debt
Rainmaker Worldwide Inc Announces Settlement Agreement Resolving Legacy Debt
LAS VEGAS, NV - January 15, 2026 (newmediawire) –
Rainmaker Worldwide Inc. (OTC: RAKR) today announced that it has entered into a settlement agreement to resolve a legacy debt obligation originally issued in 2020.
The settlement provides the Company with a defined pathway to resolve an obligation with a stated balance exceeding $5 million, subject to the Company's satisfaction of the settlement payment terms. Under the agreement, the Company has agreed to make a cash payment of $500,000 on or before February 27, 2026, subject to increases if payment is not made by such date. Interest on the obligation ceased to accrue as of December 25, 2025.
Upon satisfaction of the settlement terms, the agreement provides for the release of all claims related to the obligation. Completion of the settlement remains subject to the Company's timely performance under the agreement, and no assurance can be given that the conditions to completion will be satisfied.
Additional details regarding the settlement are included in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission.
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