secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2023-10-30T23:59:59+00:00
Accession:  0001683168-23-007474
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Volcon reduces warrant exercise price to $0.01/share, receives $346,500 cash from three holders
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- Entered inducement letter with three warrant holders to lower exercise price from $1.369 to $0.01 per share.
- Received aggregate cash payment of $346,500 in exchange for repricing 350,000 shares of common stock.
- Warrant shares are registered under effective Form S-1 (File No. 333-272564) and will be issued without legends.
- Shares deliverable via DTC within 1 business day of exercise; other warrant terms remain unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823007474/0001683168-23-007474-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823007474/volcon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-007474

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