Replies to post #323 on EdgeMode Inc (EDGM)

[WoosterOh]

4-1, but it could change, depending on the number of OS for FWAV.

Also the date is no longer Nov 8th.

At the time of the Spin-Off, FWAV will distribute approximately 10,000,000 shares of our outstanding shares of common stock held by it (subject to change prior to the record date of the Spin-Off) on a pro rata basis to the holders of FWAV’s common stock. Each four shares of FWAV’s common stock outstanding as of 5:00 p.m., Mountain Time, on November 8, 2021, the record date for the Spin-Off (the “Record Date”), will entitle the holder to one share of our common stock. The Spin-Off will be made in book-entry form by Empire Stock Transfer, our Transfer Agent. Fractional shares of common stock will be distributed in connection with the Spin-Off except for shareholders who hold stock in "street name" at Depository Trust Company (since Depository Trust Company does not accept fractional shares). As of the date of this prospectus, approximately 200 shareholders hold their shares at Depository Trust Company and will receive cash in lieu of fractional shares. We expect to pay these shareholders $0.50 for each fractional share they would otherwise own, or approximately $100 in total