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Rainmaker Worldwide Appoints Steve Grasso of CNBC to Advisory Board
Rainmaker Worldwide Appoints Steve Grasso of CNBC to Advisory Board.
About this update from Rainmaker Worldwide Inc.
[{"type":"text","content":"\n PETERBOROUGH, CA, July 21, 2020 (GLOBE NEWSWIRE) -- 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 Ra...