secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2023-10-12T23:59:59+00:00
Accession:  0001683168-23-007099
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Volcon enters $6M factoring agreement with Prestige Capital Finance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823007099/0001683168-23-007099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823007099/volcon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-007099

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