Edgemode, Inc.: pays $410,000 to satisfy convertible notes

What happened Edgemode, Inc. filed an 8-K reporting that on Oct 9, 2026 and Oct 14, 2026 the company made cash payments totaling approximately $410,000 in full satisfaction of five convertible promissory notes (the “Notes”). The filing states the Notes had an aggregate outstanding balance, including principal and accrued interest, of approximately $477,000 as of the dates the Notes were satisfied. Upon payment, the filing says the Notes were terminated, all obligations of the company thereunder were satisfied, and the holders have no further right to convert the Notes into shares of the company’s common stock.

Key details

• Payments made on Oct 9, 2026 and Oct 14, 2026 totaled approximately $410,000.
• Aggregate outstanding balance of the Notes (principal plus accrued interest) was approximately $477,000 as of the dates satisfied.
• The company funded the payments from advances made by ClearThink Capital Partners, LLC under the promissory note dated Jul 9, 2026 (the “ClearThink Note”) and additional advances from ClearThink.
• The aggregate outstanding balance of the ClearThink Note and additional advances from ClearThink is approximately $1,300,000 as of the date of the filing; material terms of the ClearThink Note were previously disclosed in the company’s Form 8-K filed on Aug 20, 2026 and are incorporated by reference.

Why it may matter This item was reported under Item 8.01: Other events, which covers other events the company reports. The filing describes the payments, termination of the Notes, and the source of funding from ClearThink. The filing does not show why the company acted.