Edgemode, Inc. 8-K

What Happened
Edgemode, Inc. announced on July 1, 2026 that it entered into a non‑binding term sheet with Pure Data Centres Group Limited (the “Purchaser”) to potentially sell the Company’s equity interests in entities that hold leasehold land sites in Córdoba, Palma, Vianos and Cáceres, Spain. The parties intend to structure the transaction as a share purchase agreement; the term sheet also gives Edgemode an option to enter a joint venture with the Purchaser to help develop planned data center projects. The term sheet is non‑binding and the deal is subject to the Purchaser’s due diligence and execution of definitive transaction documents.

Key Details

• Term sheet dated July 1, 2026 with Pure Data Centres Group Limited (filed as Exhibit 10.1).
• Target assets: leasehold interests in land at Córdoba, Palma, Vianos and Cáceres, Spain for data center development.
• Proposed structure: share purchase agreement acquiring Edgemode’s equity in entities that hold the land; optional joint venture for project development.
• Exclusivity: Edgemode agreed to negotiate exclusively with the Purchaser for 60 days (Exhibit 10.2).
• Status: Non‑binding; subject to satisfactory due diligence, negotiation of definitive documents, and customary representations, warranties and indemnities.

Why It Matters
This filing signals a potential monetization or strategic repositioning of Edgemode’s Spanish land interests and a possible partnership with a data‑center developer. For investors, the key facts are that the agreement is not final, is subject to due diligence and documentation, and Edgemode has granted a 60‑day exclusivity window—meaning other offers are temporarily precluded. If completed, the transaction could change the company’s asset mix or generate cash/proceeds (or lead to a JV interest), but the filing does not provide any financial terms or guarantees that the deal will close.