secwatch.observer — SEC 8-K summary
======================================

Issuer:     Edgemode, Inc. (EDGM)
CIK:        0001652958
Form:       8-K
Filed at:   2025-09-15T23:59:59+00:00
Accession:  0001683168-25-006935
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1652958/000168316825006935/0001683168-25-006935-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1652958/000168316825006935/edgemode_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-006935

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