Edgemode signs term sheet to buy 51% of Spain’s Ibersun for about USD 7.2 million
EDGEMODE INC
EDGEMODE INC EDGM | 0.00 |
- Edgemode entered a non-binding term sheet on June 3, 2026 to acquire 51% of Spain’s Ibersun Generación for about USD 7.2 million.
- The deal would give Edgemode majority control of Ibersun to support data center and energy storage development in Spain.
- Closing depends on due diligence, definitive agreements, regulatory approvals, closing conditions, and securing significant additional financing.
- The transaction may not proceed if Edgemode cannot raise sufficient capital or if the parties fail to reach final terms.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Edgemode Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-004644), on June 09, 2026, and is solely responsible for the information contained therein.
