other material
confidence high
sentiment neutral
materiality 0.40
Edgemode designates Series C Preferred Stock with super-voting rights for CEO to approve charter amendment
Edgemode, Inc.
- On March 3, 2025, Edgemode filed Certificate of Designation for Series C Preferred Stock with Nevada Secretary of State.
- One share of Series C issued to CEO Charles Faulkner; non-convertible, no dividend/liquidation rights.
- Series C carries voting power equal to one vote more than total combined voting power of common stock, limited to voting on charter amendment to increase authorized capital.
- Series C will be automatically cancelled for no consideration after the charter amendment is approved.