EdgeMode Issues Year-End Shareholder Letter Reflecting on 2025 Milestones and Momentum Heading Into 2026
View original at globenewswire.comEdgeMode Issues Year-End Shareholder Letter Reflecting on 2025 Milestones and Momentum Heading Into 2026 FORT LAUDERDALE, Fla., Dec…
Lo que extrajimos de esta fuente
The claims Via News extracted from this document. We point to the source; we don't replace it.
EdgeMode has secured land, power and connectivity across the 1.5GW portfolio with all required permit approvals in process
80% confidenceSeeing strong inbound interest and advanced-stage negotiations, expect to announce major partnerships and demand-side agreements
80% confidenceManagement believes rescission-related legal matters are limited in scope, non-operational, and manageable, and does not expect material impact on business or 2026 strategic objectives
80% confidenceBESS strategy focuses on intraday grid trading: purchasing electricity at low-cost periods during daylight hours when solar generation is high and selling power back to the grid during evening peak demand
80% confidenceCompletion of the rescission process could result in the return of up to 1.56 billion shares to treasury, collectively removing over 50% of potential and outstanding dilution
80% confidenceBoard and management will seek to uplist to NASDAQ in 2026-2027, subject to execution and market conditions
80% confidenceThe legacy arrangement represents less than 5.5% of the Company's total AI development portfolio and does not impact core strategy
80% confidence2025 has been a transformative year of execution and validation, moving decisively from concept into demonstrable, asset-backed progress
80% confidenceEdgeMode positions as one of Europe's largest dedicated AI infrastructure developers at a time when power availability has become the defining constraint on AI growth
80% confidenceApproximately $20 million of the $25 million capital raise has been earmarked for acquisition of BESS assets with pre-approved grid connections
80% confidence