other material
confidence high
sentiment neutral
materiality 0.60
Edgemode enters leakout agreement with convertible note holders; restricts conversion to 30% per 30 days
Edgemode, Inc.
- Aggregate outstanding notes ~$1,646,136; leakout limits conversion to 30% (or 15% if stock below $0.003) per 30-day period.
- Agreement effective July 14, 2026 through Dec 31, 2026; supersedes June 25 standstill.
- Conversion price set at 30% discount to lowest daily closing price over prior 15 days.
- Lenders include Jefferson Street Capital, Monroe Street Capital, Clearthink Capital, LGH Investments, FirstFire Global, Crom Structured Opportunities.