EdgeMode Inc. (OTC: EDGM), a next-gen provider of high-performance computing infrastructure, has signed a non-binding term sheet for a $4 million convertible note. If finalized, the funding will support the pending acquisition of Blackberry AIF and the expansion of EdgeMode’s data center operations in Sweden. The deal reflects the company’s broader push toward achieving a $1 billion enterprise valuation.
The proposed financing includes favorable conversion terms and limitations on investor ownership and trading, with EdgeMode retaining the ability to prepay the note at a premium.
This development comes on the heels of EdgeMode’s recent strategic moves:
- Proposed merger agreement with Blackberry AIF, bringing control of 4.4 GW of data center capacity across Europe
- Acquisition of Synthesis Analytics Production Ltd., adding 95MW of contracted power and proprietary cooling technology
- Construction underway at a flagship Marviken, Sweden campus with long-term growth potential exceeding 300MW
With demand for AI and high-performance computing infrastructure accelerating, EdgeMode is positioning itself as a key player in global digital infrastructure. The company’s buildout strategy centers on speed-to-market, energy efficiency, and asset scalability.
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