Empery Digital Inc. Files 8-K with Material Agreements
Ticker: EMPD · Form: 8-K · Filed: Sep 8, 2025 · CIK: 1829794
| Field | Detail |
|---|---|
| Company | Empery Digital INC. (EMPD) |
| Form Type | 8-K |
| Filed Date | Sep 8, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.00001, $75,000,000, $100 million, $7.23, $88 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, corporate-action, filing
TL;DR
Empery Digital (formerly Volcon) filed an 8-K on 9/8/25 detailing material agreements and financial exhibits.
AI Summary
Empery Digital Inc. (formerly Volcon, Inc.) filed an 8-K on September 8, 2025, reporting on a material definitive agreement and other events. The company, incorporated in Delaware, is located at 3121 Eagles Nest, Suite 120, Round Rock, TX 78665. The filing also includes financial statements and exhibits.
Why It Matters
This 8-K filing indicates significant corporate activity, potentially including new contracts or strategic shifts for Empery Digital Inc. Investors should review the details of the material definitive agreement.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, which could represent significant business changes or risks for the company.
Key Numbers
- 001-40867 — SEC File Number (Identifies the company's filing history with the SEC.)
- 84-4882689 — EIN (Employer Identification Number for tax purposes.)
Key Players & Entities
- Empery Digital Inc. (company) — Registrant
- Volcon, Inc. (company) — Former company name
- 3121 Eagles Nest, Suite 120, Round Rock, TX 78665 (location) — Business and mail address
- September 8, 2025 (date) — Filing date
- September 7, 2025 (date) — Earliest event reported date
FAQ
What is the nature of the material definitive agreement reported in the 8-K?
The filing indicates an 'Entry into a Material Definitive Agreement' as an item of disclosure, but the specific details of the agreement are not provided in the provided text.
When did Empery Digital Inc. change its name from Volcon, Inc.?
The filing indicates a former company name of 'Volcon, Inc.' with a 'DATE OF NAME CHANGE: 20250731'.
What is the SIC code for Empery Digital Inc.?
The Standard Industrial Classification (SIC) code listed is 3711 for MOTOR VEHICLES & PASSENGER CAR BODIES.
Where is Empery Digital Inc. located?
The company's business and mail address is 3121 Eagles Nest, Suite 120, Round Rock, TX 78665.
What other items are reported in this 8-K filing besides the material agreement?
The filing also reports on 'Other Events' and 'Financial Statements and Exhibits'.
Filing Stats: 775 words · 3 min read · ~3 pages · Grade level 11.1 · Accepted 2025-09-08 08:30:27
Key Financial Figures
- $0.00001 — h registered Common Stock , par value $0.00001 per share EMPD NASDAQ Indicate by
- $75,000,000 — aggregate notional amount not to exceed $75,000,000, on the terms and subject to the condit
- $100 million — that the Company could repurchase up to $100 million of the Company's outstanding shares of
- $7.23 — an average purchase price per share of $7.23 and approximately $88 million remains a
- $88 million — ce per share of $7.23 and approximately $88 million remains available for repurchase under
Filing Documents
- empery_8k.htm (8-K) — 30KB
- empery_ex1001.htm (EX-10.1) — 168KB
- empery_ex9901.htm (EX-99.1) — 9KB
- 0001683168-25-006738.txt ( ) — 408KB
- empd-20250907.xsd (EX-101.SCH) — 3KB
- empd-20250907_lab.xml (EX-101.LAB) — 33KB
- empd-20250907_pre.xml (EX-101.PRE) — 22KB
- empery_8k_htm.xml (XML) — 4KB
01 Entry Into a Material Definitive
Item 1.01 Entry Into a Material Definitive Agreement. Uncommitted Revolving Credit Agreement On September 7, 2025, Empery Digital Inc., a corporation organized and existing under the laws of the state of Delaware (the " Company ") entered into an uncommitted revolving credit agreement (the " Credit Agreement ") with Galaxy Digital LLC, a limited liability company organized and existing under the laws of the state of Delaware, as lender (the " Lender "), pursuant to which the Company may borrow either United States dollars or digital currency in an aggregate notional amount not to exceed $75,000,000, on the terms and subject to the conditions set forth therein. The economic terms and maturity date, if any, of each borrowing will be agreed between the Company and the Lender at the time of each borrowing under the Credit Agreement. The foregoing description of the Credit Agreement is not complete and is qualified in it its entirety by reference to the full text of the Credit Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.
01 Other Information
Item 8.01 Other Information. On September 8, 2025, Empery Digital Inc. (the " Company ") issued a press release providing an update on repurchases by the Company under the Company's stock repurchase program and announcing its entry into the Credit Agreement. As previously announced, on July 25, 2025, the Company announced that its board of directors authorized a stock repurchase program such that the Company could repurchase up to $100 million of the Company's outstanding shares of common stock, par value $0.00001 per share over a 24-month period. As of September 5, 2025, 1,626,007 shares of the Company's common stock have been repurchased by the Company under the stock repurchase program at an average purchase price per share of $7.23 and approximately $88 million remains available for repurchase under this program. The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1* Uncommitted Revolving Credit Agreement, dated September 7, 2025, by and between Empery Digital Inc. and Galaxy Digital LLC 99.1 Press Release, dated September 8, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * Certain schedules, exhibits and similar attachments have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company will provide a copy of such omitted materials to the Securities and Exchange Commission or its staff upon request. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Empery Digital Inc. (Registrant) Date: September 8, 2025 /s/ Greg Endo Greg Endo Chief Financial Officer 3