Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
EdgeMode ( (EDGM) ) has shared an announcement.
On September 2, 2025, EdgeMode, Inc. entered into a Promissory Note Purchase Agreement with an investor, issuing promissory notes totaling $287,500 to bolster working capital, with a 12% interest rate and convertible features tied to stock performance. Additionally, on September 4, 2025, the company secured an Equity Line of Credit Agreement, allowing the sale of up to $50 million in common stock, alongside issuing 25 million restricted shares as commitment shares. These strategic financial moves aim to strengthen EdgeMode’s capital structure and market positioning. Furthermore, Dr. Niclas Adler resigned as Chief Technology Officer and Board member on September 1, 2025, without any disagreements with the company.
More about EdgeMode
EdgeMode, Inc. operates in the financial sector, focusing on securities and investment agreements. The company engages in transactions involving promissory notes and equity line of credit agreements, aiming to enhance its working capital and financial positioning.
Average Trading Volume: 7,902,838
Technical Sentiment Signal: Sell
Current Market Cap: $47.23M
See more insights into EDGM stock on TipRanks’ Stock Analysis page.