Statement: EdgeMode confirms that the current review process with BlackBerry AIF and BLACK AI Group will be extended for up to six months
EdgeMode and its partners extended their review period to keep exploring potential AI infrastructure transactions without committing to a specific deal.
Rhea-AI Summary
EdgeMode (EDGM) announced a mutual agreement with BlackBerry AIF and BLACK AI Group to extend their current review process for up to six months.
During this extended period, BLACK AI Group will continue independently developing its AI infrastructure platform, including large-scale data center projects, strategic partnerships, and financing strategy. The parties remain aligned on opportunities in the AI infrastructure sector and will use the time to complete strategic, corporate, and commercial review work. EdgeMode will also conduct internal corporate, financial, and strategic preparations to support any potential future transaction, which could take the form of a merger, acquisition, investment, strategic partnership, economic participation, or other structure. No specific transaction is guaranteed, and any deal would depend on satisfactory review, due diligence, corporate approvals, and definitive documentation.
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FORT LAUDERDALE, Fla. , Sept. 04, 2026 (GLOBE NEWSWIRE) -- EdgeMode, Inc. (OTC: EDGM) today announces that, by mutual agreement with BlackBerry AIF and BLACK AI Group, the current review process between the parties will be extended for an additional period of up to six months.
During this period, BLACK AI Group will continue to advance independently with the development of its AI infrastructure platform, including its large-scale data center projects, strategic partnerships, and financing strategy.
The parties remain aligned around the opportunities within the AI infrastructure sector and will use this additional period to complete their strategic, corporate, and commercial review, while EdgeMode undertakes the internal corporate, financial, and strategic work required to support any potential future transaction.
Potential structures may include a merger, acquisition, investment, strategic partnership, economic participation, or another form of transaction. No specific transaction is guaranteed. Any potential transaction will remain subject to the satisfactory completion of the review process, applicable due diligence, corporate approvals and definitive documentation.
Further updates will be provided as appropriate.
About EdgeMode
EdgeMode develops scalable AI-ready data center campuses and integrated energy infrastructure across strategic global markets. The company focuses on power-secured developments aligned to accelerating AI and high-performance compute demand.
About BlackBerry AIF
BlackBerry Alternative Investment Fund (AIF) is a premier investment vehicle specializing in the development of next-generation data-center infrastructure tailored for AI and hyperscale workloads. Based in Spain, the fund prioritizes projects that emphasize sustainability, performance, and strategic connectivity—serving as a key enabler for hyperscalers, cloud providers, and AI innovators across Europe.
Contact Information
Jamie Kightley
IBA International - PR for EdgeMode
Email: edgemode@iba-international.com
Phone: +1 561 228 1940 or +44 1572 757932
Charlie Faulkner
Chief Executive Officer
EdgeMode Inc.
Email: hello@edgemode.io
FAQ
What did EdgeMode (EDGM) announce about its review process with BlackBerry AIF and BLACK AI Group?
EdgeMode announced that, by mutual agreement with BlackBerry AIF and BLACK AI Group, the current review process between the parties will be extended for an additional period of up to six months to continue evaluating potential transactions in AI infrastructure.
How long is the review process extension for EdgeMode (EDGM) and its AI partners?
The review process between EdgeMode, BlackBerry AIF, and BLACK AI Group has been extended for an additional period of up to six months, during which the parties will continue their strategic, corporate, and commercial review.
What will BLACK AI Group do during the extended review period with EdgeMode (EDGM)?
During the extension, BLACK AI Group will continue to advance independently with the development of its AI infrastructure platform, including large-scale data center projects, strategic partnerships, and its financing strategy.
What types of potential transactions are being considered by EdgeMode (EDGM) with BlackBerry AIF and BLACK AI Group?
Potential transaction structures mentioned include a merger, acquisition, investment, strategic partnership, economic participation, or another form of transaction, although no specific structure has been selected or guaranteed.
Is a transaction guaranteed from EdgeMode’s extended review with BlackBerry AIF and BLACK AI Group?
No. The announcement states that no specific transaction is guaranteed. Any potential deal would be subject to satisfactory completion of the review process, due diligence, necessary corporate approvals, and definitive documentation.
What conditions must be met before any potential EdgeMode (EDGM) transaction can occur?
Any potential transaction would require completion of the review process, applicable due diligence, corporate approvals, and the execution of definitive documentation before it can go forward.