---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-006655"
form_type: "8-K"
ticker: "EDGM"
cik: "0001652958"
company_name: "Edgemode, Inc."
filed_at: "2022-09-28T23:59:59+00:00"
generated_at: "2026-06-23T06:59:25.522928+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Edgemode issues $55k Series B Preferred with 35% conversion discount to 1800 Diagonal Lending

## Summary
- Issued 55,000 Series B Preferred shares at $1.00 each for total proceeds of $55,000 to 1800 Diagonal Lending LLC.
- Conversion price set at 65% of the lowest two trading prices over prior 20 trading days (35% discount).
- Company may redeem within 90 days at 120% premium, 91–180 days at 125%; mandatory redemption after 12 months or on default.
- Annual dividend 8% (22% on default), cumulative, payable only on redemption, liquidation, or conversion.
- Proceeds for working capital; company also paid $3,750 in legal and due diligence fees.

## SEC filing metadata
- accession: 0001683168-22-006655
- form_type: 8-K
- ticker: EDGM
- cik: 0001652958
- company_name: Edgemode, Inc.
- filed_at: 2022-09-28T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1652958/000168316822006655/0001683168-22-006655-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1652958/000168316822006655/edgemode_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-006655
- JSON: https://secwatch.observer/filing/0001683168-22-006655.json
- Plain text: https://secwatch.observer/filing/0001683168-22-006655.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.