secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2023-10-10T23:59:59+00:00
Accession:  0001683168-23-007021
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Volcon signs CRADA with U.S. Army ERDC for dual-use electric vehicle R&D
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- Entered CRADA with U.S. Army ERDC on Oct 4, 2023, for electric vehicle R&D focused on dual-use products.
- Collaboration aims to enhance EV capabilities for warfighters and USACE emergency disaster response.
- Each party responsible for its own costs; no direct funding from Army to Volcon.
- Agreement terminable by either party with 30 days' written notice.
- Volcon retains title to its pre-existing IP; government gets non-exclusive license for government purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823007021/0001683168-23-007021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823007021/volcon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-007021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer