secwatch.observer — SEC 8-K summary
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Issuer:     Edgemode, Inc. (EDGM)
CIK:        0001652958
Form:       8-K
Filed at:   2021-12-08T23:59:59+00:00
Accession:  0001683168-21-006187
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fourth Wave Energy signs merger agreement to acquire EdgeMode; EdgeMode holders get 80% of FWAV stock
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- Reverse triangular merger: EdgeMode becomes wholly owned subsidiary; EdgeMode shareholders receive 80% of FWAV fully diluted common stock.
- Company raised over $4.3M since mid-September 2021; at least $2M earmarked for EdgeMode operations post-close.
- EdgeMode operates crypto mining in NY and IL, plans NC and TX expansion; 600MW contracted hosting capacity coming online Q1 2022.
- Post-merger, Joseph Isaacs resigns as CEO/director, stays as consultant; Charlie Faulkner and Simon Wajcenberg assume board and executive roles.
- Closing expected in or before January 2022, subject to due diligence completion and audit of EdgeMode.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1652958/000168316821006187/0001683168-21-006187-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1652958/000168316821006187/fourthwave_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-21-006187

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer