secwatch.observer — SEC 8-K summary
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Issuer:     Edgemode, Inc. (EDGM)
CIK:        0001652958
Form:       8-K
Filed at:   2025-08-26T23:59:59+00:00
Accession:  0001683168-25-006464
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Edgemode issues $81,600 promissory note with OID to accredited investor
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- Principal $81,600; net proceeds $60,000 after $8,000 legal/due diligence fees.
- Note carries 13% one-time interest (22% default); matures May 15, 2026.
- Repayment in four monthly installments starting Feb 15, 2026 ($46,920, then $15,640 each).
- Convertible into common at 71% of lowest 20-day VWAP upon event of default; 4.99% blocker.
- Proceeds used for working capital; issuer is OTC-traded (no ticker in filing).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1652958/000168316825006464/0001683168-25-006464-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1652958/000168316825006464/edgemode_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-006464

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