EdgeMode, Inc. Announces up to $50 Million STRATA Equity Purchase Facility with a Leading Institutional Investor

Core Viewpoint - EdgeMode Inc. has announced a STRATA equity purchase agreement with a leading institutional investor, allowing the company to raise up to $50 million in registered common stock over a 24-month period, providing significant flexibility in capital access [2][4]. Funding Details - The initial funding includes $150,000 provided by the investor upon signing, in exchange for a convertible note due August 31, 2026 [6]. - An additional $100,000 will be funded within five days of the S-1 filing, also in the form of a convertible note due August 31, 2026 [7]. Strategic Intent - The company plans to use the proceeds from this facility to strengthen its balance sheet, finance potential strategic acquisitions, and accelerate the development of its flagship site in Marviken, Sweden [3][4]. - Marviken is positioned as a cornerstone for EdgeMode's vision of building next-generation, energy-efficient AI and high-performance computing infrastructure [3]. Investor Protections - The agreement includes standard covenants such as a prohibition on short selling and customary events of default, ensuring investor protections [8]. Company Overview - EdgeMode Inc. specializes in the design, development, and operation of high-performance computing data centers, focusing on energy-efficient colocation facilities for AI, machine learning, and cloud computing [9]. - The company is actively building a new generation of scalable, sustainable data centers, starting with its flagship campus in Marviken, Sweden [9].