Edgemode entered a leakout agreement capping conversions of outstanding convertible notes through Dec. 31, 2026.
Key Highlights:
- Leakout Agreement with noteholders covers approximately $1,646,136 of outstanding convertible notes.
- Lenders may not convert, assign, transfer or pledge more than 30% of their owed balance over any 30-day period.
- If Edgemode common stock closes below $0.003, the 30-day cap tightens to 15% of each lender’s owed balance.
- Agreement supersedes June 25, 2026 standstill and remains in effect until December 31, 2026.
Original SEC Filing:
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