Financing ·
Edgemode, Inc. entered into a Securities Purchase Agreement with ClearThink Capital Partners, LLC to issue an original…
EDGMEdgemode, Inc.
Edgemode, Inc. entered into a Securities Purchase Agreement with ClearThink Capital Partners, LLC to issue an original issue discount convertible promissory note with a principal amount of up to $1,150,000 for net proceeds of up to $1,000,000. The company has received $625,000 in net proceeds, which were used to pay approximately $328,000 on existing promissory notes and $225,000 to Blackberry AIF under a January 2026 joint venture agreement. As consideration for the note purchase, Edgemode issued 200,000,000 restricted shares of common stock to the investor. The note bears a 12% interest rate and matures on December 31, 2027, with conversion rights at 70% of the lowest trading price over the preceding ten days. Edgemode operates in the technology sector, providing software solutions for network automation.