Edgem enters exclusive 60-day sale talks for Spanish data center SPV, lenders agree 30-day standstill

Edgem entered a non-binding offer for 100% of its SPV owning an in-development Mora, Spain data center and agreed to a 60-day exclusivity period.Key Highlights:Original SEC Filing: Edgemode, Inc. [ EDGM ] - 8-K - Jun. 29, 2026This is an AI-powered summary. It may contain inaccuracies. Consider veri…

Edgem entered a non-binding offer for 100% of its SPV owning an in-development Mora, Spain data center and agreed to a 60-day exclusivity period.

Key Highlights:

Entered non-binding offer for Purchaser to acquire 100% of DC Estate Malpica, S.L., owner of an in-development Mora, Spain data center.
Acquisition is conditional on Purchaser due diligence and execution of definitive transaction documents, including a purchase agreement.
Edgem expects to provide customary reps, warranties and indemnities if transaction proceeds.
Signed standstill agreements with lenders holding about $1,150,000 of convertible notes restricting conversions and transfers for 30 days.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.