{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-004753","form_type":"8-K","ticker":"EMPD","cik":"0001829794","company_name":"Empery Digital Inc.","filed_at":"2023-07-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.545121+00:00","generated_at":"2026-06-13T10:39:10.445389+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Volcon receives Nasdaq deficiency notices for MVLS <$35M and bid price <$1.00","bullets":["MVLS deficiency: 180-day compliance period ends Jan 2, 2024; must close at $35M+ for 10 consecutive days.","Bid price deficiency: 180-day compliance period ends Jan 2, 2024; must close at $1.00+ for 10 consecutive days.","Failure to cure MVLS or bid price could lead to delisting; company may appeal to Nasdaq Hearings Panel.","Bid price non-compliance may allow a second 180-day period if other listing requirements are met.","Company may consider reverse stock split to regain bid price compliance."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-004753","json":"https://secwatch.observer/filing/0001683168-23-004753.json","markdown":"https://secwatch.observer/filing/0001683168-23-004753.md","text":"https://secwatch.observer/filing/0001683168-23-004753.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829794/000168316823004753/0001683168-23-004753-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829794/000168316823004753/volcon_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T10:39:10.445389+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":"c937cc1065dbdd78a8097c7c1d26b9ff078eb8e9","claim":"Empery Digital Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).","evidence_excerpt":"July 6, 2023, the Company received a letter (the “July 6 Letter”) from the Staff notifying the Company that the minimum closing bid price per share for its common stock was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). The July 6 Letter does not have any immediate effect on the listing of the Company’s common stock on the Nasdaq Capital Market. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, o","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829794/000168316823004753/0001683168-23-004753-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5550(a)(2)"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"f5f5a6ac9217fd4023e23212bef756dac6069bd5","claim":"Empery Digital Inc. received a nasdaq deficiency notice notice regarding market value (rules 5550(b)(2), 5550(b)(1), 5550(b)(3)).","evidence_excerpt":"July 5, 2023, Volcon, Inc. (the “Company”) received a letter (the “July 5 Letter”) from the staff of the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), which notified the Company that it does not presently comply with Nasdaq’s Listing Rule 5550(b)(2), which requires that the Company maintain a Market Value of Listed Securities (“MVLS”) of $35 million, and that the Company also does not otherwise satisfy the requirements of Listing Rules 5550(b)(1) and 5550(b)(3). The Staff calculates MVLS based upon the most recent Total Shares Outstanding (TSO), mul","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829794/000168316823004753/0001683168-23-004753-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"market value"},{"label":"Rules","value":"5550(b)(2), 5550(b)(1), 5550(b)(3)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}