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Edgemode, Inc.

8-K · filed 2026-07-14 16:05 · EDGM
Signal Score
0.05
Confidence
0.95
Signal Type
Other
Claude Summary
Debt financing from investor; no M&A signals. Standard convertible promissory note for working capital.
Metadata
Accession: 0001683168-26-005525
CIK: 1652958
Target:
Acquirer:
8-K items: ["1.01", "3.02", "9.01"]
Filing Excerpt (classifier input)
false 0001652958 0001652958 2026-07-08 2026-07-08 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 8, 2026 Edgemode, Inc. (Exact name of registrant as specified in its charter) Nevada 000-55647 47-4046237 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 110 E. Broward Blvd. , Suite 1700 , Ft. Lauderdale , FL 33301 (Address of Principal Executive Offices, and Zip Code) (954) 380-3343 Registrant’s Telephone Number, Including Area Code ________________________________ (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered None Not Applicable Not Applicable Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01 Entry into a Material Definitive Agreement. Securities Purchase Agreement and Promissory Note On July 8, 2026, Edgemode, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with an accredited investor (the “Investor”), pursuant to which the Company sold the Investor an unsecured original issue discount promissory note in the principal amount of $129,600 (the “Promissory Note”) for which the Company received net proceeds of $100,000. The proceeds from the sale of the Promissory Note shall be used for working capital. In addition, the Company paid $8,000 to the Investor and its counsel for legal and due diligence fees. The Promissory Note bears a one-time interest charge of 15% which was applied to the principal on the issuance date (22% if any amount of principal or interest is not paid when due) and has a maturity date of April 15, 2027. The Promissory Note is convertible into common stock of the Company at any time following an event of default. The conversion price shall be 61% of the lowest trading price of the Company’s common stock at closing during the 20 trading days prior to the conversion date. The outstanding principal and accrued interest shall be paid in four monthly payments as follows: (i) $74,520 on January 15, 2027, (ii) $24,840 on February 15, 2027, (iii) $24,840 on March 15, 2027 and (iv) $24,840 on April 15, 2027. The Promissory Note provides for standard and customary events of default such as failing to timely make payments under the Promissory Note when due, the failure of the Company to timely comply with the Securities Exchange Act of 1934 reporting requirements and the cessation of operations. At no time may the Promissory Note be converted into shares of the Company’s common stock if such conversion would result in the Investor, or its affiliates, owning an aggregate of more than 4.99% of the then outstanding shares of the Company’s common stock. The Promissory Notes were and shall be issued in a private placement in reliance upon an exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933. The description of the Purchase Agreement and the Promissory Note are not complete and are qualified in their entirety by the full text of the Purchase Agreement and the Promissory Note, filed herewith as Exhibits 10.1 and 10.2 which are incorporated by reference into this Item 1.01. Item 3.02 Unregistered Sales of Equity Securities. The information provided above in Item 1.01 herein is incorporated by reference into this Item 3.02. Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit # Exhibit Description 10.1 Securities Purchase Agreement between Edgemode, Inc. and Vanquish Funding Group Inc. dated July 8, 2026 10.2 Promissory Note issued by Edgemode, Inc. in favor of Vanquish Funding Group Inc. dated July 8, 2026 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Edgemode, Inc. Dated: July 14, 2026 By: /s/ Charles Faulkner Name: Charles Faulkner Title: Chief Executive Officer 3
Classification JSON
{"signal_score": 0.05, "confidence": 0.95, "signal_type": "other", "ticker": "EDGM", "target_ticker": null, "acquirer_ticker": null, "summary": "Debt financing from investor; no M&A signals. Standard convertible promissory note for working capital."}