- Effective **October 3, 2025**, Edgemode, Inc. entered into a Securities Purchase Agreement with ClearThink Capital Partners, LLC.  **[1652958_0001683168-25-007477_edgemode_8k.htm:1]** 
- The company sold a **12% convertible promissory note** with a principal amount of **$287,500** for **net proceeds of $250,000**, which will be used for **working capital**.  **[1652958_0001683168-25-007477_edgemode_8k.htm:1]** 
- As additional consideration for the purchase of the note, Edgemode, Inc. issued **17,000,000 shares of common stock** to the investor.  **[1652958_0001683168-25-007477_edgemode_8k.htm:1]** 
- The promissory note matures on **August 31, 2026**, and is convertible into common stock at an initial price of **$0.01 per share**, subject to adjustments and a limitation that the investor cannot own more than **9.99%** of the outstanding common stock upon conversion.  **[1652958_0001683168-25-007477_edgemode_8k.htm:1]** **[1652958_0001683168-25-007477_edgemode_ex1002.htm:1]** **[1652958_0001683168-25-007477_edgemode_ex1002.htm:2]**

Edgemode, Inc. Enters Securities Purchase Agreement for Convertible Note and Common Stock Issuance

- Edgemode, Inc. issued **convertible promissory notes** in September 2025 to investors including **CROM Structured Opportunities Fund I, LP** and **LGH Investments, LLC**.  **[1652958_0001683168-25-007301_edgemode_ex1004.htm:0]** **[1652958_0001683168-25-007301_edgemode_ex1003.htm:0]** **[1652958_0001683168-25-007301_edgemode_ex1002.htm:0]** **[1652958_0001683168-25-007301_edgemode_8k.htm:6]** 
- The notes have an **aggregate principal amount of $287,500.00** across the September 2025 Offering, with individual notes featuring original issue discounts and one-time interest charges.  **[1652958_0001683168-25-007301_edgemode_ex1004.htm:0]** **[1652958_0001683168-25-007301_edgemode_ex1003.htm:0]** **[1652958_0001683168-25-007301_edgemode_ex1002.htm:0]**  For example, a note issued to CROM Structured Opportunities Fund I, LP has a principal amount of **$143,750.00** with a **10% interest rate** and a 12-month maturity, while a note to LGH Investments, LLC has a principal amount of **$115,000** with an **8% interest rate** and a 9-month maturity.  **[1652958_0001683168-25-007301_edgemode_ex1004.htm:0]** **[1652958_0001683168-25-007301_edgemode_ex1002.htm:0]** 
- The proceeds from these notes will be used for **business development and general working capital**.  **[1652958_0001683168-25-007301_edgemode_ex1003.htm:15]** **[1652958_0001683168-25-007301_edgemode_ex1005.htm:15]** 
- The notes are **unsecured** and include provisions that restrict Edgemode, Inc. from certain actions, such as paying dividends, repurchasing stock, or selling significant assets, without the noteholders' consent.  **[1652958_0001683168-25-007301_edgemode_ex1004.htm:18]** **[1652958_0001683168-25-007301_edgemode_ex1006.htm:18]** 
- Noteholders also have a **right of participation** in future financings and the benefit of a **most-favored-nation clause** regarding terms of future securities.  **[1652958_0001683168-25-007301_edgemode_ex1003.htm:15]** **[1652958_0001683168-25-007301_edgemode_ex1005.htm:15]** **[1652958_0001683168-25-007301_edgemode_ex1004.htm:27]**

Edgemode, Inc. Announces Issuance of Convertible Promissory Notes

- On **September 15, 2025**, Edgemode, Inc. entered into a Securities Purchase Agreement with FIRSTFIRE GLOBAL OPPORTUNITIES FUND, LLC.  **[1652958_0001683168-25-007151_edgemode_ex1001.htm:0]** **[1652958_0001683168-25-007151_edgemode_8k.htm:1]** 
- The company sold an **unsecured original issue discount promissory note** with a **principal amount of $287,500**, receiving **net proceeds of $250,000** for **working capital**.  **[1652958_0001683168-25-007151_edgemode_ex1002.htm:0]** **[1652958_0001683168-25-007151_edgemode_8k.htm:1]** 
- The promissory note carries a **10% annual interest rate**, has a **maturity date of September 15, 2026**, and is **convertible into common stock**.  **[1652958_0001683168-25-007151_edgemode_ex1002.htm:0]** **[1652958_0001683168-25-007151_edgemode_8k.htm:1]** 
- As additional consideration for the purchase of the note, Edgemode, Inc. also issued **8,500,000 shares of common stock** to the investor.  **[1652958_0001683168-25-007151_edgemode_ex1001.htm:0]** **[1652958_0001683168-25-007151_edgemode_8k.htm:1]**

Edgemode (EDGM)