---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-007099"
form_type: "8-K"
ticker: "EMPD"
cik: "0001829794"
company_name: "Empery Digital Inc."
filed_at: "2023-10-12T23:59:59+00:00"
generated_at: "2026-06-10T00:55:40.585918+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Volcon enters $6M factoring agreement with Prestige Capital Finance

## Summary
- Prestige pays 80% of eligible US powersport dealer invoice values immediately.
- Maximum fee approximately 5% if financed over full 90-day eligibility period.
- Remaining 20% less fees paid upon collection by Prestige; full recourse on nonpayment.
- Initial availability $6 million; can be increased to support future sales.

## SEC filing metadata
- accession: 0001683168-23-007099
- form_type: 8-K
- ticker: EMPD
- cik: 0001829794
- company_name: Empery Digital Inc.
- filed_at: 2023-10-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829794/000168316823007099/0001683168-23-007099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829794/000168316823007099/volcon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-007099
- JSON: https://secwatch.observer/filing/0001683168-23-007099.json
- Plain text: https://secwatch.observer/filing/0001683168-23-007099.txt

## Key facts
- Material Agreements
  Empery Digital Inc. entered into Agreement with Prestige Capital Finance, LLC valued at $6 million (effective 2023-10-06).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Prestige Capital Finance, LLC
  - Value: $6 million
  - Effective: 2023-10-06
  source text: On October 6, 2023, Volcon, Inc. (the “Company”) entered into a factoring agreement (the “Agreement”) with Prestige Capital Finance, LLC (“Prestige”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829794/000168316823007099/0001683168-23-007099-index.htm

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