Edgemode files draft information statement with SEC
EDGM•Shareholder approvals and capital structure changes
- Edgemode shareholders authorized an amendment to raise authorized common shares to 56,000,000,000 from 7,000,000,000.
- They also authorized a reverse stock split at a ratio to be set between 1-for-50 and 1-for-10,000 within one year of July 10, 2026.
- As of July 9, 2026, common shares outstanding totaled 4,279,853,240; the stock closed at USD 0.01.
- Edgemode reported convertible promissory notes of about USD 2.05 million outstanding; full conversion at USD 0.00396 implies about 520,000,000 shares.
- Two shares of Series D Preferred Stock were outstanding; each share carried voting power equal to 25.5% of common shares outstanding.
