Recent Updates — EDGM
Edgemode, Inc. entered into a Securities Purchase Agreement with Vanquish Funding Group Inc., selling an unsecured original issue discount convertible promissory note with a principal amount of $159,600 for net proceeds of $133,000. The company paid $8,000 in legal and due diligence fees. The note bears a 15% one-time interest charge applied at issuance and matures on July 15, 2027. Repayment occurs via four monthly installments totaling the principal plus accrued interest, starting April 15, 2027. Conversion into common stock is restricted until after an event of default or 180 days post-issuance, at a discount to market price. Edgemode operates in the technology sector, providing software solutions for network and security management.
Edgemode paid approximately $410,000 to fully satisfy five convertible promissory notes with an aggregate outstanding balance of $477,000. The payments were funded by advances from ClearThink Capital Partners under a note dated July 9, 2026. Following satisfaction, the notes were terminated and holders forfeited conversion rights into common stock. The total outstanding balance for ClearThink funding is approximately $1,300,000. Edgemode provides software solutions for network automation.
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.
Edgemode, Inc. entered into a leakout agreement with lenders holding approximately $1,646,136 in convertible promissory notes to restrict the conversion of debt into equity. Under the agreement, lenders may not convert more than 30% of their owed balance over any 30-day period, or 15% if the common stock price falls below $0.003. This agreement supersedes a previous standstill agreement and remains in effect until December 31, 2026. Edgemode, Inc. is a technology company providing edge computing solutions.
Edgemode, Inc. entered into a Securities Purchase Agreement and an unsecured original issue discount promissory note with Vanquish Funding Group Inc. on July 8, 2026, receiving net proceeds of $100,000 for working capital. The note bears a 15% one-time interest charge and matures on April 15, 2027, with repayment through four monthly installments. The note is convertible into common stock at 61% of the lowest 20-day trading price prior to conversion, subject to a 4.99% ownership cap. Edgemode, Inc. is a technology company focused on edge computing and edge intelligence solutions.
Edgemode, Inc. entered into a non-binding term sheet with Pure Data Centres Group Limited on July 1, 2026, regarding the sale of the company's interest in land sites in Cordoba, Palma, Vianos and Caceres, Spain, via leaseholds. The transaction is intended to be structured as a share purchase agreement and may include an option for a joint venture to assist in data center development. The company has agreed to a 60-day exclusivity period to negotiate. Edgemode, Inc. operates in the real estate and land management sector for data center infrastructure development.