EdgeMode, Inc. specializes in cryptocurrency mining, a venture it undertakes via its dedicated subsidiary. The company is responsible for conceptualizing, constructing, and overseeing cutting-edge digital infrastructure explicitly designed for high-performance computing (HPC) applications. Its origins trace back to 2020, and its corporate headquarters are located in Fort Lauderdale, Florida.
Statement: EdgeMode confirms that the current review process with BlackBerry AIF and BLACK AI Group will be extended for up to six months
EdgeMode, Inc. (OTC: EDGM) announced that, by mutual agreement with BlackBerry AIF and BLACK AI Group, the ongoing review process between the parties will be extended for an additional period of up to six months.
During the extension, BLACK AI Group will continue advancing independently on its AI infrastructure platform, including large-scale data center projects, strategic partnerships, and its financing strategy, while EdgeMode does the internal corporate, financial, and strategic groundwork to support a potential future transaction.
Potential structures include a merger, acquisition, investment, or strategic partnership, but no specific transaction is guaranteed, and any deal remains subject to satisfactory completion of the review, due diligence, corporate approvals, and definitive documentation.