Edgemode Inc. announced the issuance of unregistered shares as part of a settlement for accrued salaries owed to two of its officers. On December 10, 2025, the company issued one share of Series D Preferred Stock each to Charles Faulkner and Simon Wajcenberg, in full satisfaction of $386,000 in accrued salary per individual. The shares were issued to accredited investors under an exemption from registration provided by Section 3(a)(9) of the Securities Act, and are subject to transfer restrictions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Edgemode Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-25-009061), on December 11, 2025, and is solely responsible for the information contained therein.