Edgemode issues $81.6K promissory note to Vanquish Funding for $68K net proceeds

Edgemode, Inc.

Unsecured OID note with $81,600 principal; net proceeds of $68,000 for working capital.
One-time 15% interest (22% upon default); maturity June 15, 2026.
Convertible upon default at 71% of lowest 20-day VWAP; 4.99% ownership cap.
Monthly principal payments: $46,920 March 15, 2026, then $15,640 each through June 15, 2026.
$8,000 paid to investor for legal and due diligence fees.

item 1.01 item 2.03 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Edgemode, Inc. issued convertible note to an accredited investor for $68,000 net proceeds.

Security: convertible note
Purchaser: an accredited investor
Consideration: $68,000 net proceeds

Exact text from the filing

On September 9, 2025, 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 original issue discount promissory note in the principal amount of $81,600 (the “Promissory Note”) for which the Company received net proceeds of $68,000.

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Edgemode, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-25-006935

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