secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2023-09-18T23:59:59+00:00
Accession:  0001683168-23-006523
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823006523/0001683168-23-006523-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823006523/volcon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-006523

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