8-K
filed September 29, 2025, 7:59 PM ET
ticker EDGM
CIK 0001652958
debt
confidence high
sentiment negative
materiality 0.85
Edgemode, Inc. (EDGM): debt financing — Edgemode raises $350K via three OID promissory notes with deep-discount conversion and 11.9M inducement shares
Edgemode, Inc.
- Net proceeds of $100K from LGH note ($115K principal, 8% interest, $0.01 conversion, 3.4M inducement shares).
- Net proceeds of $125K from Crom note ($143.75K principal, 10% interest, conversion at 65% of 10-day low, 4.25M shares).
- Net proceeds of $125K from Jefferson note ($143.75K principal, same terms as Crom, 4.25M shares).
- Conversion prices reset to as low as $0.0075 or 70% of 15-day low (LGH) and 65% of 10-day low (Crom/Jefferson).
- All notes mature June 2026 (LGH) or Sept 2026 (Crom/Jefferson); proceeds used for working capital.
Key facts
Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Edgemode, Inc. incurred loan of $115,000 with LGH Investments, LLC at 8% maturing June 18, 2026.
- Instrument
- loan
- Principal
- $115,000
- Counterparty
- LGH Investments, LLC
- Rate
- 8%
- Maturity
- June 18, 2026
- Event
- incurrence
Exact text from the filing
dated September 18, 2025. Pursuant to the LGH Purchase Agreement, the Company sold LGH an unsecured original issue discount promissory note in the principal amount of $115,000 (the “LGH Promissory Note”) for which the Company received net proceeds of $100,000. The proceeds from the sale of the LGH Promissory Note shall be used for working capital.
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Edgemode, Inc. incurred loan of $143,750 with Crom Structured Opportunities Fund I, LP at 10% (24% per annum or the lesser of the maximum amount permitted by law on any p maturing September 22, 2026.
- Instrument
- loan
- Principal
- $143,750
- Counterparty
- Crom Structured Opportunities Fund I, LP
- Rate
- 10% (24% per annum or the lesser of the maximum amount permitted by law on any p
- Maturity
- September 22, 2026
- Event
- incurrence
Exact text from the filing
dated September 22, 2025. Pursuant to the Crom Purchase Agreement, the Company sold Crom an unsecured original issue discount promissory note in the principal amount of $143,750 (the “Crom Promissory Note”) for which the Company received net proceeds of $125,000. The proceeds from the sale of the Crom Promissory Note shall be used for working capital.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Edgemode, Inc. issued 3,400,000 shares of common stock to LGH Investments, LLC.
- Security
- common stock
- Shares
- 3,400,000 shares
- Purchaser
- LGH Investments, LLC
Exact text from the filing
the Company sold LGH an unsecured original issue discount promissory note in the principal amount of $115,000 (the “LGH Promissory Note”) for which the Company received net proceeds of $100,000
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Edgemode, Inc. issued 4,250,000 shares of common stock to Crom Structured Opportunities Fund I, LP.
- Security
- common stock
- Shares
- 4,250,000 shares
- Purchaser
- Crom Structured Opportunities Fund I, LP
Exact text from the filing
the Company sold Crom an unsecured original issue discount promissory note in the principal amount of $143,750 (the “Crom Promissory Note”) for which the Company received net proceeds of $125,000
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.