Edgemode issues $143,750 convertible note with 12% interest, OID, and 1.25M commitment shares

Edgemode, Inc.

Net proceeds of $125,000 after $18,750 OID; note matures Nov 20, 2026 with 12% one-time interest.
Conversion price $0.01/share after 180 days; resets to $0.0075 if stock below $0.01 for 5 days, then to lowest traded price on default.
1,250,000 commitment shares issued as additional consideration for the note purchase.
Conversion capped at 9.99% beneficial ownership; note convertible any time after an event of default.
Proceeds used for working capital; note is secured by standard events of default including failure to maintain OTC listing.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Edgemode, Inc. entered into Agreement with an accredited investor valued at $143,750 (effective 2025-11-26).

Action: entry
Agreement: equity purchase
Counterparty: an accredited investor
Value: $143,750
Effective: 2025-11-26

Exact text from the filing

On November 26, 2025, Edgemode, Inc. (the “Company”) entered into a securities purchase agreement (the “Agreement”) with an accredited investor (the “Holder”) dated November 18, 2025.

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Edgemode, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-25-008770

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