Edgemode, Inc.

Edgemode, Inc. has entered into a securities purchase agreement with an accredited investor, issuing a $300,000 convertible promissory note. The note was sold with a $50,000 original issuance discount, providing the company with $250,000 in net proceeds for working capital. The note matures on August 3, 2026, accrues 12% annual interest, and is convertible into common stock under specific conditions, including potential price resets if the stock price falls below certain thresholds. The agreement also outlines standard events of default.

Edgemode, Inc. reported a net loss of $(5,719,067) for the first quarter of 2026, a substantial improvement from the $(20,872,081) loss in the prior year period. The company also saw a significant reduction in total liabilities and an improvement in stockholders' deficit, largely due to a favorable change in the fair value of derivative liabilities. Edgemode expanded its joint venture for high-performance computing data centers in Spain and Panama, increasing the total capacity to 4,350 MW and committing to fund the venture with a minimum of $11,150,000 USD. Despite these developments, management expressed substantial doubt about the company's ability to continue as a going concern.

Edgemode, Inc. announced the appointment of Simon Kiero-Watson to its Board of Directors, effective May 5, 2026. Mr. Kiero-Watson will fill a vacancy created by a prior director's resignation in September 2025 and will serve until the next annual meeting. He brings extensive experience from the asset tokenization sector, having served as Head of Markets at Tokenise Group and holding several directorships within the Tokenise ecosystem. For his service, Mr. Kiero-Watson will receive 10,000,000 shares of restricted common stock.

Edgemode, Inc. has filed its annual report on Form 10-K for the fiscal year ended December 31, 2025. The company confirmed its status as a non-accelerated filer and a smaller reporting company. It also indicated that it is not a well-known seasoned issuer or a shell company, and has complied with all filing requirements over the past 12 months.

Edgemode, Inc. has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The company confirmed its status as a non-accelerated filer and a smaller reporting company. Edgemode also indicated compliance with all Section 13 or 15(d) filing requirements during the preceding 12 months.