Edgemode, Inc. 8-K

What Happened Edgemode, Inc. filed an 8-K (Item 8.01) disclosing that on July 14, 2026 it entered into a leakout agreement with certain lenders holding convertible promissory notes. The agreement replaces a June 25, 2026 standstill and limits how much of each lender’s owed note balance may be converted, assigned, transferred, or pledged during any 30‑day period. The company filed the full agreement as Exhibit 10.1.

Key Details

• Aggregate outstanding convertible notes covered: approximately $1,646,136.
• Conversion/transfer caps: lenders may not convert/assign/transfer/pledge more than 30% of their current owed balance in any 30‑day period.
• Lower cap if stock low: if Edgemode’s common stock closes below $0.003, the cap drops to 15% of the owed balance over any 30‑day period.
• Effective period: the Leakout Agreement is effective July 14, 2026 and remains in effect through December 31, 2026.

Why It Matters This agreement limits near‑term conversions of convertible debt, which can reduce immediate dilution of Edgemode’s common stock compared with unrestricted conversions. Investors should note the company still has about $1.646M in convertible obligations that can be converted over time subject to the caps, and the caps tighten further if the stock trades below $0.003. The full terms are contained in Exhibit 10.1 of the 8-K for those who want detailed agreement language.