other material
confidence high
sentiment neutral
materiality 0.60
Edgemode grants options for 350M shares each to CEO and CFO; vesting tied to 100 MW fuel cell and AI data center deals
Edgemode, Inc.
- CEO Charles Faulkner and CFO Simon Wajcenberg each granted options to purchase 350M shares of common stock.
- Options are non-qualified, exercise price equal to prior day's closing OTC price, term of five years.
- 50% of options vest upon closing of a purchase agreement with a solid oxide fuel cell supplier for min 100 MW.
- Remaining 50% vest upon closing of an AI data center site sale agreement for min 100 MW capacity.
- Grants approved on Feb 10, 2026 under existing employment agreements.