SCHEDULE: Edgemode CFO Boosts Stake, Eyes Strategic Deals

Edgemode Inc.'s CFO, Simon Wajcenberg, increased his beneficial ownership to 34.1% through new stock options tied to significant energy and AI data center deals.

Summary

• Simon Wajcenberg, Chief Financial Officer and a director of Edgemode, Inc., has increased his beneficial ownership of the company's common stock.
• He now beneficially owns 1,078,917,710 shares, which represents approximately 34.1% of the 3,160,158,602 outstanding common shares as of January 7, 2026.
• This ownership includes 54,354,099 shares held in the name of his wife and newly acquired non-qualified options to purchase up to 350,000,000 shares of common stock.
• The vesting of these options is contingent on two major strategic milestones: 50% upon the closing of a purchase agreement with a solid oxide fuel cell supplier for a minimum power capacity of 100 MW, and 50% upon the closing of an AI data center site sale agreement for a minimum capacity of 100 MW.
• Mr. Wajcenberg's stated purpose for acquiring these securities is to exercise control over the Issuer.
• He also holds one share of Series D Preferred Stock, which grants voting power equal to 25.5% of the issued and outstanding common stock, though this is not included in the common stock beneficial ownership calculation.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, as a key executive is increasing his stake and aligning his incentives with significant strategic growth initiatives, though the success of these initiatives remains contingent.

Positives

• A key executive (CFO and Director) is significantly increasing his stake, signaling strong confidence in the company's future prospects.
• The vesting of a substantial portion of stock options is directly tied to the successful execution of two major strategic deals, incentivizing management to achieve significant growth and operational milestones.
• The strategic focus on 100 MW solid oxide fuel cell supply and 100 MW AI data center site sales indicates ambitious plans in high-growth sectors.

Risks

• The vesting of 350,000,000 stock options is entirely contingent on the successful closing of two specific, large-scale agreements (100 MW solid oxide fuel cell supplier and 100 MW AI data center site sale), which may not materialize.
• The company's ability to secure and close these significant 100 MW capacity agreements is a critical factor for the options to become exercisable, introducing execution risk.

Future Outlook

The company's future growth and the vesting of significant executive options are directly tied to the successful execution of two major strategic initiatives: securing a 100 MW solid oxide fuel cell supplier agreement and closing a 100 MW AI data center site sale.

Management Comments

• Acquired all of his securities with the purpose of exercising control.

Industry Context

StockSavvy.ai notes that the focus on solid oxide fuel cells and AI data centers positions Edgemode, Inc. at the intersection of two high-growth, capital-intensive sectors. The emphasis on 100 MW capacities suggests ambitions for large-scale infrastructure projects, aligning with broader industry trends towards sustainable energy solutions and increasing demand for AI computing power.

Comparison to Industry Standards

• The 100 MW capacity targets for both the fuel cell supply and AI data center sale are substantial, indicating a move towards significant infrastructure development. For context, major data center operators like Equinix or Digital Realty often develop campuses with hundreds of megawatts of capacity, while fuel cell projects of this scale are less common but represent significant commitments in the clean energy sector, comparable to large utility-scale renewable energy projects.
• The beneficial ownership of 34.1% by a CFO is a substantial stake, indicating a high level of insider commitment, which can be seen as a positive signal compared to typical executive ownership percentages in larger, more diversified companies.

Related Party Transactions

• Simon Wajcenberg's wife holds 54,354,099 shares of common stock, which are included in his beneficial ownership.
• Simon Wajcenberg, as CFO and director, received a Stock Option Grant dated February 10, 2026, from the Issuer.

Stakeholder Impact

• Shareholders: Potential for increased value if the strategic deals tied to option vesting are successfully executed. The increased insider ownership may signal confidence in the company's direction.
• Management/Employees: The CFO's incentives are strongly aligned with achieving major strategic milestones, potentially driving focused efforts across the organization.

Next Steps

• Closing of a purchase agreement with a solid oxide fuel cell supplier for a minimum power capacity of 100 MW.
• Closing of an AI data center site sale agreement for a minimum capacity of 100 MW.

Key Dates

Recommendation

The significant increase in beneficial ownership by the CFO, Simon Wajcenberg, and the direct linkage of his substantial stock options to the successful execution of two 100 MW strategic projects (solid oxide fuel cell supply and AI data center sale) demonstrate strong insider alignment and potential for future growth. However, the successful completion of these large-scale, capital-intensive projects carries inherent execution risk. A seasoned investor would likely maintain a 'hold' position, observing progress on these strategic initiatives before making a more definitive investment decision, as the upside is clear but contingent.

Keywords

Edgemode Inc., Simon Wajcenberg, Schedule 13D, Beneficial Ownership, Stock Options, CFO, Corporate Control, Solid Oxide Fuel Cell, AI Data Center, Strategic Deals, Shareholder Stake