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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.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
8-K

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.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Cash payments approximately $410,000 Payments made October 9 and October 14, 2026
Convertible promissory notes satisfied 5 notes Notes terminated upon payment
Aggregate outstanding balance of notes approximately $477,000 Included principal and accrued interest as of satisfaction
ClearThink Note and additional advances approximately $1,300,000 Aggregate outstanding balance as of the report filing date
convertible promissory notes financial
"five convertible promissory notes"
A convertible promissory note is a loan a company takes that can later be turned into shares instead of being paid back in cash; think of lending money now in exchange for a voucher that can become ownership later. Investors care because it mixes credit risk and potential ownership upside—it can protect lenders if a company struggles while also diluting existing shareholders when converted, affecting future share value and investor returns.
accrued interest financial
"including principal and accrued interest"
Accrued interest is the amount of interest that has built up on a loan, bond, or similar investment since the last payment date but has not yet been paid. For investors this matters because when you buy or sell a fixed‑income security between payment dates you compensate the other party for that earned interest—think of it like buying a house mid‑month and reimbursing the seller for days of heating already used—so it affects the actual cash you pay, the yield you receive, and short‑term returns.
right to convert financial
"no further right to convert the Notes"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did EDGM pay to satisfy its convertible notes?

Edgemode made cash payments totaling approximately $410,000 on October 9 and October 14, 2026, to satisfy five notes. Their aggregate outstanding balance, including principal and accrued interest, was approximately $477,000 as of satisfaction.

What was EDGM’s outstanding balance with ClearThink?

The aggregate outstanding balance of the ClearThink Note and additional advances from ClearThink Capital Partners, LLC was approximately $1,300,000 as of the report filing date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0001652958 0001652958 2026-10-09 2026-10-09 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 9, 2026

 

Edgemode, Inc.

(Exact name of registrant as specified in its charter)

 

Nevada   000-55647   47-4046237
(State or Other Jurisdiction
of Incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

 

110 E. Broward Blvd., Suite 1700, Ft. Lauderdale, FL 33301

(Address of Principal Executive Offices, and Zip Code)

 

(954) 380-3343

Registrant’s Telephone Number, Including Area Code

 

________________________________

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
None Not Applicable Not Applicable

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

   

 

 

Item 8.01 Other Events.

 

On October 9, 2026 and October 14, 2026, Edgemode, Inc. (the “Company”) made cash payments totaling approximately $410,000 in full satisfaction of five convertible promissory notes (the “Notes”), which had an aggregate outstanding balance, including principal and accrued interest, of approximately $477,000 as of the dates the Notes were satisfied. Upon payment, the Notes were terminated, all obligations of the Company thereunder were satisfied, and the holders have no further right to convert the Notes into shares of the Company’s common stock.

 

The Company funded the Note satisfaction payments from advances made by ClearThink Capital Partners, LLC (“ClearThink”) under the promissory note issued by the Company to ClearThink dated July 9, 2026 (the “ClearThink Note”) and additional advances from ClearThink. As of the date of the filing of this report the aggregate outstanding balance of the ClearThink Note and additional advances from ClearThink is approximately $1,300,000. The material terms of the ClearThink Note were previously disclosed in the Company’s Current Report on Form 8-K filed on August 20, 2026, which description is incorporated herein by reference.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Edgemode, Inc.
     
Dated: October 16, 2026 By: /s/ Charles Faulkner
  Name: Charles Faulkner
  Title: Chief Executive Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 3 

Filing Exhibits & Attachments

3 documents

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