secwatch.observer — SEC 8-K summary
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Issuer:     Edgemode, Inc. (EDGM)
CIK:        0001652958
Form:       8-K
Filed at:   2026-03-04T23:59:59+00:00
Accession:  0001683168-26-001478
Event type: debt
Sentiment:  negative
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Edgemode raises $130,000 via convertible note with 60% discount conversion
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- Issued $150,000 convertible note (6% interest) to CFI Capital LLC; net proceeds $130,000 after $15K OID and $5K legal fees.
- Conversion price set at 60% of lowest trading price for 15 days prior to conversion; drops to 45% upon default.
- Proceeds to be used for working capital; note matures February 24, 2027.
- Note is convertible after 6 months, subject to 9.99% ownership cap.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1652958/000168316826001478/0001683168-26-001478-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1652958/000168316826001478/edgemode_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-001478

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