Edgemode issues 55% of stock to acquire SAPL, enters HPC colocation business

Edgemode, Inc.

Edgemode issues 1.26B shares (55% of outstanding) to acquire SAPL, gaining HPC colocation assets in Sweden.
SAPL holds ~95MW power purchase agreement and 10-year lease for 16MW IT load data center; estimated $70M to complete.
Assumes 5% promissory note of $1.75M from SAPL to Marviken Two, secured by Marviken property, due Dec 2027.
Dr. Niclas Adler appointed CTO and board member; base salary $400k, quarterly bonus $150k, option for 385.8M shares at $0.005.
Existing executives Faulkner and Wajcenberg get salary increases to $400k and option grants of 257.2M shares each at $0.005.

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Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Niclas Adler

Board member

EDGM · Edgemode, Inc.

Filed: April 8, 2025, 7:59 PM ET

Dr. Adler was appointed as Chief Technology Officer and as a Board member of the Company

Appointed

Niclas Adler

Chief Technology Officer

EDGM · Edgemode, Inc.

Filed: April 8, 2025, 7:59 PM ET

Dr. Adler was appointed as Chief Technology Officer and as a Board member of the Company

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Niclas Adler was appointed as Board member at Edgemode, Inc..

Action: appointed
Role: Board member

Exact text from the filing

Dr. Adler was appointed as Chief Technology Officer and as a Board member of the Company

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Niclas Adler was appointed as Chief Technology Officer at Edgemode, Inc..

Action: appointed
Role: Chief Technology Officer

Exact text from the filing

Dr. Adler was appointed as Chief Technology Officer and as a Board member of the Company

View on SEC.gov

Edgemode, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-25-002328

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