{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-003688","form_type":"8-K","ticker":"EMPD","cik":"0001829794","company_name":"Empery Digital Inc.","filed_at":"2023-05-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.959299+00:00","generated_at":"2026-06-14T14:54:23.129029+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Volcon closes $9M combined public offering and private placement of convertible notes","bullets":["Priced public offering of 6,000,000 shares at $0.75, raising gross proceeds of $4.5M; net proceeds ~$4.0M.","Concurrent private placement: $4.9M senior convertible notes (9-month) and warrants to purchase ~5.5M shares at $1.09.","Exchanged $27.2M of existing notes for new notes with conversion prices $1.09 and $0.75; warrants exchanged for 17.1M shares exercisable at $1.09.","Conversion/exercise prices subject to shareholder approval to adjust to $0.75.","Aegis Capital Corp. acted as sole book-runner and placement agent."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-003688","json":"https://secwatch.observer/filing/0001683168-23-003688.json","markdown":"https://secwatch.observer/filing/0001683168-23-003688.md","text":"https://secwatch.observer/filing/0001683168-23-003688.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829794/000168316823003688/0001683168-23-003688-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829794/000168316823003688/volcon_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T14:54:23.129029+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f455fb4112bf544fc9138d4eb31daca029bdb0c8","claim":"Empery Digital Inc. entered into Underwriting Agreement with Aegis Capital Corp. valued at approximately $4.0 million (effective 2023-05-22).","evidence_excerpt":"On May 22, 2023, Volcon, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Aegis Capital Corp. (the “Underwriter”), in connection with a public offering (the “Offering”) of an aggregate of 6,000,000 shares (the “Shares”) of the Company’s common stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829794/000168316823003688/0001683168-23-003688-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Aegis Capital Corp."},{"label":"Value","value":"approximately $4.0 million"},{"label":"Effective","value":"2023-05-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}