Edgemode shareholders OK increase in authorized common shares to 56 billion

The board was also empowered to implement a reverse stock split of the outstanding common shares at a ratio ranging from 1-for-50 to 1-for-10,000 within one year.

The company said the expanded share capacity may be used for financing, note conversions, compensation, or other corporate purposes. The actions will become effective no earlier than 20 days after the definitive information statement is mailed, with the timing and split ratio left to board discretion.

Edgemode shareholders, acting by joint written consent with a majority of stockholders on July 10, 2026, authorized amendments to the company’s articles of incorporation.

The approval increases the number of authorized common shares to 56,000,000,000 from 7,000,000,000.