M&A
confidence high
sentiment positive
materiality 0.60
Edgemode: MOU with Blackberry AIF for 5 Spanish datacenter sites; CFO nets 404M shares in option exercise
Edgemode, Inc.
- CFO Simon Wajcenberg exercised options for 442,792,088 shares at $0.005/share; net issuance 404,005,115 restricted shares.
- Edgemode signed binding MOU with Blackberry AIF to form JV for developing 5 datacenter sites in Malpica, Caceres, Vianos, Cordoba, Torrecampo.
- Edgemode will own 75% of the Cayman SPV; BAIF 25%; consideration includes $500k cash (half paid) and warrants for 250M shares.
- Definitive agreements expected within 30 days; no assurance the acquisition will be completed.