---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-006523"
form_type: "8-K"
ticker: "EMPD"
cik: "0001829794"
company_name: "Empery Digital Inc."
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T15:12:26.272040+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Volcon closes $700K public offering of 1.4M shares at $0.50/share

## Summary
- Gross proceeds $700,000; net proceeds ~$547,000 after underwriting discounts and expenses.
- 1,400,000 shares sold at $0.50/share; underwriter has 45-day option for 210,000 additional shares.
- Underwriter granted warrants to purchase up to 20% of shares at $0.625/share.
- Net proceeds to be used for general corporate purposes, working capital, and IR activities.
- Offering utilizes remaining shelf capacity; maximum gross including overallotment ~$805,000.

## SEC filing metadata
- accession: 0001683168-23-006523
- form_type: 8-K
- ticker: EMPD
- cik: 0001829794
- company_name: Empery Digital Inc.
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829794/000168316823006523/0001683168-23-006523-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829794/000168316823006523/volcon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-006523
- JSON: https://secwatch.observer/filing/0001683168-23-006523.json
- Plain text: https://secwatch.observer/filing/0001683168-23-006523.txt

## Key facts
- Material Agreements
  Empery Digital Inc. entered into Underwriting Agreement with Aegis Capital Corp. valued at Up to 1,400,000 shares of common stock, $0.50 per share, net proceeds ~$547,000, underwriting discou (effective 2023-09-15).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Aegis Capital Corp.
  - Value: Up to 1,400,000 shares of common stock, $0.50 per share, net proceeds ~$547,000, underwriting discou
  - Effective: 2023-09-15
  source text: On September 15, 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 1,400,000 shares (the “Shares”) of the Company’s common stock, par value $0.00001 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829794/000168316823006523/0001683168-23-006523-index.htm

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