{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-002754","form_type":"8-K","ticker":"EDGM","cik":"0001652958","company_name":"Edgemode, Inc.","filed_at":"2023-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.855917+00:00","generated_at":"2026-06-16T06:34:37.200163+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Edgemode issues $117,502 in convertible promissory notes with 10% interest and steep discount conversion","bullets":["Sold $60,000 unsecured note on Apr 25 and $57,502 convertible note on Apr 26, both with 10% interest.","Notes mature May 25 and May 26, 2023; if unpaid, convertible at lower of $0.20 or 50% of 5-day VWAP (floor $0.01).","Company reserved 11,750,200 common shares for full conversion of both notes.","Proceeds to be used for repurchase of Series B preferred stock and general working capital.","Notes include 'most favored nation' clause allowing investors to claim future better terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-002754","json":"https://secwatch.observer/filing/0001683168-23-002754.json","markdown":"https://secwatch.observer/filing/0001683168-23-002754.md","text":"https://secwatch.observer/filing/0001683168-23-002754.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1652958/000168316823002754/0001683168-23-002754-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1652958/000168316823002754/edgemode_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T06:34:37.200163+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cc537f4bae7b90c383f96ab12a02d557d63b4c22","claim":"Edgemode, Inc. incurred convertible notes of $57,502 with another Investor at ten percent (10%) maturing May 26, 2023.","evidence_excerpt":"on April 26, 2023, the Company entered into a Promissory Note Purchase Agreement with another Investor, pursuant to which the Company sold the Investor an unsecured convertible promissory note in the principal amount of $57,502 Promissory Note.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1652958/000168316823002754/0001683168-23-002754-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$57,502"},{"label":"Counterparty","value":"another Investor"},{"label":"Rate","value":"ten percent (10%)"},{"label":"Maturity","value":"May 26, 2023"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"cc8d8098e50a7118849189f52875f7aa9d0f1332","claim":"Edgemode, Inc. incurred loan of $60,000 with an accredited investor at ten percent (10%) maturing May 25, 2023.","evidence_excerpt":"On April 25, 2023, Edgemode, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Promissory Note Purchase Agreement”) with an accredited investor (the “Investor”), pursuant to which the Company sold the Investor an unsecured promissory note in the principal amount of $60,000 (the “Promissory Note”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1652958/000168316823002754/0001683168-23-002754-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$60,000"},{"label":"Counterparty","value":"an accredited investor"},{"label":"Rate","value":"ten percent (10%)"},{"label":"Maturity","value":"May 25, 2023"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"de41ffbae751b7401048066a0a0017b3a22e5f1d","claim":"Edgemode, Inc. entered into Promissory Note Purchase Agreement with another accredited investor valued at $57,502 (effective 2023-04-26).","evidence_excerpt":"on April 26, 2023, the Company entered into a Promissory Note Purchase Agreement with another Investor, pursuant to which the Company sold the Investor an unsecured convertible promissory note in the principal amount of $57,502","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1652958/000168316823002754/0001683168-23-002754-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"another accredited investor"},{"label":"Value","value":"$57,502"},{"label":"Effective","value":"2023-04-26"}],"fact_type":"material_agreement"},{"claim_id":"ebe1fa5c856683e083ceefd7d07e876292002aad","claim":"Edgemode, Inc. entered into Promissory Note Purchase Agreement with accredited investor valued at $60,000 (effective 2023-04-25).","evidence_excerpt":"On April 25, 2023, Edgemode, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Promissory Note Purchase Agreement”) with an accredited investor (the “Investor”), pursuant to which the Company sold the Investor an unsecured promissory note in the principal amount of $60,000","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1652958/000168316823002754/0001683168-23-002754-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"accredited investor"},{"label":"Value","value":"$60,000"},{"label":"Effective","value":"2023-04-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}