---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-005261"
form_type: "8-K"
ticker: "EMPD"
cik: "0001829794"
company_name: "Empery Digital Inc."
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T06:20:54.794750+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Volcon stockholders approve Nasdaq Proposal allowing conversion of notes at adjusted prices

## Summary
- Shareholders approved issuance of shares on conversion of Series A Notes and adjustment of conversion/exercise prices to $0.75.
- Modification of Floor Price definitions from $2.54/$1.09 to $0.22 in Notes, Warrants, and Exchange Notes was approved.
- Vote: 14,664,984 For, 1,266,505 Against, 132,027 Abstain on Nasdaq Proposal; 52.47% of shares present.
- Adjournment proposal also approved as a backup to solicit additional proxies if needed.

## SEC filing metadata
- accession: 0001683168-23-005261
- form_type: 8-K
- ticker: EMPD
- cik: 0001829794
- company_name: Empery Digital Inc.
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829794/000168316823005261/0001683168-23-005261-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829794/000168316823005261/volcon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-005261
- JSON: https://secwatch.observer/filing/0001683168-23-005261.json
- Plain text: https://secwatch.observer/filing/0001683168-23-005261.txt

## Key facts
- Shareholder Votes
  Empery Digital Inc. shareholders approved Approval to adjourn the special meeting to solicit additional proxies if necessary at the 2023-08-03 meeting.
  - Outcome: passed
  - Meeting: 2023-08-03
  source text: was approved based upon the following votes: For Against Abstain Broker Non-Vote 14,725,610 1,200,282 137,624 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829794/000168316823005261/0001683168-23-005261-index.htm
- Shareholder Votes
  Empery Digital Inc. shareholders approved Approval of issuance of shares upon conversion of notes, adjustment of conversion/exercise prices, and modification of floor price definitions (Nasdaq Proposal) at the 2023-08-03 meeting.
  - Outcome: passed
  - Meeting: 2023-08-03
  source text: The Nasdaq Proposal was approved based upon the following votes: For Against Abstain Broker Non-Vote 14,664,984 1,266,505 132,027 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829794/000168316823005261/0001683168-23-005261-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
