Effective January 31, 2022 (the Effective Time), Fourth Wave Energy, Inc.,, FWAV Acquisition Corp. (the Acquisition Subsidiary) and EdgeMode closed on the previously disclosed Agreement and Plan of Merger and Reorganization dated December 2, 2021. In accordance with the Merger Agreement, Acquisition Subsidiary merged with and into EdgeMode, with EdgeMode remaining as the surviving entity after the Merger and becoming a wholly owned subsidiary of the company.

The company appointed Simon Wajcenberg as Chief Financial Officer.