Edgemode issues 200,000,000 restricted shares in unregistered private placement
EDGM•Private placement terms
Edgemode entered a private placement with an accredited investor, selling an original issue discount convertible promissory note up to $1.15 million.
- Net proceeds up to $1 million; $625,000 received to date.
- Deal includes issuance of 200,000,000 restricted common shares in an unregistered sale.
- The note carries 12% interest and matures Dec. 31, 2027.
- Conversion starts after 180 days at 70% of the lowest 10-day closing price; a 9.99% ownership cap applies.




