Rainmaker Worldwide Inc. 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities (a) Market Information Our common stock is quoted on the OTC: Pink under the symbol “RAKR”. The high and low bid prices of our common stock for the periods indicated below are as follows: Quarter Ended High* Low* December 31, 2023 $ 0.0027 $ 0.0020 September 30, 2023 $ 0.0009 $ 0.0007 June 30, 2023 $ 0.0018 $ 0.0014 March 31, 2023 $ 0.0016 $ 0.0013 December 31, 2022 $ 0.0070 $ 0.0035 September 30, 2022 $ 0.0099 $ 0.0090 June 30, 2022 $ 0.031 $ 0.024 March 31, 2022 $ 0.0204 $ 0.0171 *Source: yahoo!finance Historical Data Quotations reflect interdealer prices, without retail mark up, markdown or commissions and may not represent actual transactions. (b) Holders The number of holders of record of RAKR common stock at the time of filing was approximately 4,153. Many of our shares of common stock are held by brokers and other institutions on behalf of stockholders, so we are unable to estimate the number of stockholders represented by the record holders. The transfer agent for RAKR common stock is Pacific Stock Transfer, 6725 Via Austi Pkwy, Suite 300 Las Vegas, NV 89119. (c) Dividends The Company has not paid any cash dividends to date and does not anticipate or contemplate paying dividends in the foreseeable future. It is the present intention of management to utilize all available funds for the development of the business. (d) Securities Authorized for Issuance Under Equity Compensation Plans On January 21, 2020, the Company entered into a three-year consulting agreement with a company controlled by its new CEO. The contract included 3,600,000 warrants with an exercise price of $0.20 vesting in equal amounts commencing the effective date of the contract. On December 31, 2020, this contract was terminated. The warrants vested immediately, and the exercise price was amended to $0.10. As well, the Company granted an additional 500,000 warrants which vested immediately at an exercise price is $0.10. All expire December 31, 2025. As of January 8, 2024, these warrants have been repriced at $0.001389. 12 On January 22, 2020, the Company entered into a three-year consulting agreement with a third party for consulting and business development services. The contract included warrants of which 25,000,000 remain in effect exercisable at $0.20 and expired January 21, 2023. On October 1, 2020, the Company entered into a consulting agreement with an Advisor which granted warrants in full compensation for services. It included 13,500,000 warrants at an exercise price of $0.30 now expired as of October 1, 2023. A further 15,000,000 warrants were issued at an exercise price of $0.15 expiring October 1, 2025. On April 1, 2021, the Company granted 4,100,000 options as part of an amendment to an Executive Consultant’s contract; 125,000 options vest per month commencing April 1, 2021 with a term of 5 years and exercisable at a price of $0.10 per Share. As of January 8, 2024, these options have been repriced at $0.001389. On December 21, 2021, the Company granted 500,000 options to each of the two new Directors; for each, 100,000 options vested immediately and the balance vests over the remaining term of their appointment; each with a term of 5 years and exercisable at $0.10 per share or with a 20% discount to market based on a 30-day VWAP if it falls below $0.10, not to go below $0.07. These options are fully vested as of December 31, 2023. As of January 8, 2024, these options have been repriced at $0.001389. On July 1, 2022, the Company granted 1,500,000 options to new VP Sales with an exercise price of $0.10 and a 5-year term with 640,000 vesting immediately and the balance equally vesting over one year. At the same time, the Company granted 2,500,000 options to an executive with an exercise price of $0.10 and a 5-year term with 500,000 vesting immediately and the balance vesting equally over one year. As of January 8, 2024, these options have been repriced at $0.001389. Item 6. Selected Financial Data Not applicable.