Edgemode raises up to $1.15M convertible note from ClearThink; issues 200M shares

Edgemode, Inc.

Sold up to $1,150,000 principal 12% convertible note; net proceeds up to $1.0M, $625K received to date.
Issued 200,000,000 restricted shares to ClearThink Capital Partners as commitment consideration.
Used $328K to satisfy existing notes and $225K payment to BlackBerry AIF under JV agreement.
Note matures Dec 31, 2027, converts at 70% of lowest closing price in 10 trading days before conversion.
Conversion capped at 9.99% beneficial ownership; default triggers include SEC filing failures and operational cessation.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.