EdgeMode, Inc.

Item 8.01 Other Events. On July 1, 2026, Edgemode, Inc. (the “Company”) entered into a non-binding term sheet (the “Term Sheet”) with a third-party purchaser (the “Purchaser”) regarding the sale of the Company’s interest in certain land sites controlled via leaseholds in Cordoba, Palma, Vianos and Caceres, Spain (the “Acquisition”). The land would be used by the Purchaser to develop data center projects. The parties intend to structure the Acquisition as a share purchase agreement pursuant to which the Purchaser would acquire the Company’s equity interests in entities holding the land. The Term Sheet also provides the Company an option to enter into a joint venture agreement with the Purchaser to assist in the development of the intended data center projects. The Term Sheet is non-binding and does not obligate either party to consummate the Acquisition. The Acquisition is subject to the Purchaser’s satisfactory completion of due diligence and the negotiation and execution of definitive transaction documentation, including the share purchase agreement. The Company anticipates providing customary representations, warranties, and indemnities in connection with the Acquisition. In connection with the Term Sheet, the Company also executed an exclusivity letter (the “Letter”) pursuant to which the Company has agreed to negotiate exclusively with the Purchaser for a period of 60 days. There can be no assurance that the parties will enter into definitive documentation or that the Acquisition will be consummated. The description of the Term Sheet and the Letter are not complete and are qualified in their entirety by the full text of the Term Sheet and the Letter filed herewith as Exhibit 10.1 and Exhibit 10.2, respectively, which are incorporated by reference into this Item 8.01.