Rainmaker Worldwide Appoints Steve Grasso of CNBC to Advisory Board
July 21 2020 - 7:30AM
via NEWMEDIAWIRE -- Rainmaker Worldwide (OTC:RAKR) announces the
appointment of Steve Grasso to the Company’s Advisory Board,
effective immediately.
Grasso is the Director of Institutional Sales at Stuart
Frankel & Co. Inc. and an On Air Market Analyst
on CNBC. His achievements in trade has made him a recognized
and respected voice across financial markets.
Grasso began his career in the early ‘90s on The
New York Stock Exchange (NYSE) floor, joining Stuart Frankel &
Co. in 1999 as an institutional sales trader. For over 20 years,
Grasso has been working with the largest mutual funds, pension
funds, insurance companies and hedge funds, providing real-time
trading advice and services. Clients are kept informed on changes
to policy and regulation as a result of Grasso’s close monitoring
of the Washington D.C./Markets connection and accessing his
extensive network on Capitol Hill and at the SEC. His sought-after
expertise has led to active roles on NYSE committees, regularly
speaking at traders’ conferences, and becoming a familiar face on
CNBC.
Rainmaker CEO Michael Skinner stated, “Rainmaker’s
most valuable resources are people and relationships. Steve’s
established trade competencies and connections make him an
invaluable addition to our Advisory Board as we prepare for the
Company’s next chapter.”
On July 15th, Rainmaker announced a merger
agreement with Sphere 3D (NASDAQ: ANY) expected to close in
Fall 2020. Rainmaker shareholders will receive 1/3 of a share of
Sphere 3D for each whole share of Rainmaker exchanged and one-third
of a warrant or option for each whole warrant or option then held
by such Rainmaker shareholder. Sphere 3D’s name will change to
Rainmaker Worldwide Inc., and intends to trade under the symbol
‘RAIN’.
Grasso commented, “It is exciting to witness
Rainmaker’s innovation gain momentum as they transition from
R&D to commercialization. Their upcoming NASDAQ listing
presents major growth opportunities for both the Company and
stakeholders. I am happy to join the Advisory Board to aid in
Rainmaker’s global success as a Water-as-a-Service provider.”
Follow Steve Grasso on
Twitter @grassosteve.
About Rainmaker Worldwide
Rainmaker Worldwide Inc. (OTC: RAKR) is a leader
in technology for the production of clean, affordable water.
Headquartered in Peterborough, Canada, with an innovation and
manufacturing center in Rotterdam, Netherlands, the Company’s
patented water technology provides economical drinking water at
scale wherever it’s needed. Rainmaker’s goal is to be a global
leader in solving the worldwide water crisis. Rainmaker
Worldwide Inc was recognized as the Best Community Impact Water
Solutions Global 2020 by Capital Finance International. For
more information about Rainmaker,
visit www.rainmakerww.com.
Forward-looking Statements
Certain matters discussed in this announcement
contain statements, estimates and projections about the growth of
Rainmaker’s business, potential distribution partnerships and/or
clients, and related business strategy. Such statements, estimates
and projections may constitute forward-looking statements within
the meaning of the federal securities laws. Factors or events that
could cause our actual results to differ may emerge from
time-to-time. Rainmaker’s undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. The
recipient of this information is cautioned not to place undue
reliance on forward-looking statements.
For more information and
investors:
The Blueshirt Group Whitney Kukulka Managing
Director +1 (415) 489-2188
investors@rainmakerww.com
Rainmaker Worldwide Inc. Michael Skinner Chief
Executive Officer +1 (705) 201-1020 info@rainmakerww.com
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