EdgeMode secures $50M equity facility

10 hours ago 1
  • EdgeMode (OTCPK:EDGM) has entered a $50M STRATA equity purchase agreement with a major institutional investor.
  • The 24-month facility allows EdgeMode to control timing, pricing, and amounts of stock sold, offering maximum capital flexibility.
  • The deal provides immediate liquidity and long-term strategic funding.
  • Initial funding includes $150,000, with another $100,000 follow-on, both as convertible notes due August 31, 2026.
  • Funds will support strategic acquisitions and development of the Marviken, Sweden site, EdgeMode’s flagship AI and HPC infrastructure campus.
  • Source: Press release
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