Green Rain Energy Holdings Terminates Material Agreement
Ticker: GREH · Form: 8-K · Filed: Oct 10, 2025 · CIK: 1084937
| Field | Detail |
|---|---|
| Company | Green Rain Energy Holdings Inc. (GREH) |
| Form Type | 8-K |
| Filed Date | Oct 10, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement-termination, corporate-actions, financial-reporting
TL;DR
Green Rain Energy Holdings terminated a key deal on 9/30. Big implications ahead.
AI Summary
Green Rain Energy Holdings Inc. filed an 8-K on October 10, 2025, reporting the termination of a material definitive agreement as of September 30, 2025. The filing also includes other events and financial statements/exhibits. The company, formerly known as HEALTHCOMP EVALUATION SERVICES CORP, is incorporated in Wyoming.
Why It Matters
The termination of a material definitive agreement can significantly impact a company's operations, financial standing, and future strategic direction.
Risk Assessment
Risk Level: medium — Termination of a material definitive agreement introduces uncertainty regarding the company's business relationships and financial stability.
Key Players & Entities
- Green Rain Energy Holdings, Inc. (company) — Registrant
- HEALTHCOMP EVALUATION SERVICES CORP (company) — Former company name
- September 30, 2025 (date) — Date of earliest event reported
- October 10, 2025 (date) — Date of report
FAQ
What was the specific material definitive agreement that was terminated?
The filing does not specify the details of the material definitive agreement that was terminated.
What are the implications of this termination for Green Rain Energy Holdings?
The filing indicates the termination of a material definitive agreement, which could have significant operational and financial implications, but specific details are not provided.
When was the termination effective?
The termination was effective as of September 30, 2025.
What other events are reported in this 8-K filing?
Besides the termination of a material definitive agreement, the filing also reports 'Other Events' and includes 'Financial Statements and Exhibits'.
What is Green Rain Energy Holdings' state of incorporation and former company names?
Green Rain Energy Holdings, Inc. is incorporated in Wyoming and was formerly known as HEALTHCOMP EVALUATION SERVICES CORP, NOW Corp I, and NOW CORPORATION/NV.
Filing Stats: 727 words · 3 min read · ~2 pages · Grade level 11.4 · Accepted 2025-10-10 17:13:07
Filing Documents
- greenrain_8k.htm (8-K) — 31KB
- greenrain_ex9901.htm (EX-99.1) — 5KB
- greenrain_ex9902.htm (EX-99.2) — 6KB
- image_012.jpg (GRAPHIC) — 4KB
- image_001.jpg (GRAPHIC) — 2KB
- 0001683168-25-007505.txt ( ) — 215KB
- greh-20250930.xsd (EX-101.SCH) — 3KB
- greh-20250930_lab.xml (EX-101.LAB) — 33KB
- greh-20250930_pre.xml (EX-101.PRE) — 22KB
- greenrain_8k_htm.xml (XML) — 3KB
02 Termination of a Material Definitive Agreement
Item 1.02 Termination of a Material Definitive Agreement. Rescission of Arowana Media Holdings Transaction On September 30, 2025, Green Rain Energy Holdings, Inc. ("GREH") and Arowana Media Holdings, Inc. ("Arowana") mutually agreed to rescind the previously announced Purchase and Sale Agreement. Under the original terms, GREH sold all issued and outstanding shares of M Love Vintage Holdings, Inc. to Arowana in exchange for a control block representing approximately 65.7% of Arowana's outstanding shares to be issued to Green Rain Solar, Inc., a GREH subsidiary. As part of the rescission, ownership of Arowana Media Holdings, Inc. has reverted to its prior owner, Mr. Mark Newbauer, and GREH has cancelled its outstanding convertible note with Mr. Newbauer, thereby extinguishing any related obligations. No shares of Arowana Media Holdings were issued or transferred to GREH or its affiliates, and all rights, title, and interest in M Love Vintage Holdings, Inc. remain with GREH. The rescission has no material adverse effect on the Company's financial position or operations and is disclosed herein as a subsequent event following the period covered by this Offering Statement.
01 Other Events
Item 8.01 Other Events. On September 30, 2025, the Board of Directors of M Love Vintage (the "Company") adopted a resolution rescinding the previously executed agreement pertaining to the sale of M Love Vintage, Inc. to Arowana Media Holdings, Inc. Pursuant to this rescission, all rights, title, and interest in M Love Vintage, Inc. remain with the Company, and any prior agreements, understandings, or obligations related to the sale were rendered null and void as of that date. The rescission did not result in a gain or loss to the Company and has no material impact on the consolidated financial statements for the year ended December 31, 2025. Management has evaluated the transaction and determined that the rescission represents a non-recognized subsequent event under ASC 855, Subsequent Events, requiring disclosure but not adjustment to the accompanying financial statements. The Company believes this action is in the best interests of its shareholders and positions M Love Vintage for independent growth and strategic direction.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Board Resolution of M Love Vintage dated September 30, 2025 rescinding the sale to Arowana Media Holdings, Inc. 99.2 Rescission Letter Date: September 30, 2025 104 Cover Page Interactive Data File 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GREEN RAIN ENERGY HOLDINGS INC. October 10, 2025 By: /s/ Alfredo Papadakis Name: Alfredo Papadakis Title: President 3