Edgemode pays about $410K to retire convertible notes
Termination of the five notes ended holders’ conversion rights; the aggregate ClearThink balance was approximately $1,300,000 as of the report filing date.
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Rhea-AI Filing Summary
Edgemode, Inc. (EDGM) made cash payments totaling approximately $410,000 on October 9 and October 14, 2026, to satisfy five convertible promissory notes with an aggregate outstanding balance, including principal and accrued interest, of approximately $477,000 as of satisfaction. The notes were terminated, all related obligations were satisfied, and holders no longer have the right to convert them into common stock. Edgemode funded the payments with advances from ClearThink Capital Partners, LLC under its July 9, 2026 promissory note and additional advances; the aggregate outstanding balance of that note and additional advances was approximately $1,300,000 as of the report filing date.
8-K Event Classification
Key Figures
Key Terms
convertible promissory notes financial
accrued interest financial
right to convert financial
FAQ
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How much did EDGM pay to satisfy its convertible notes?
What was EDGM’s outstanding balance with ClearThink?
AI-generated analysis. How Rhea-AI works. Not financial advice.