---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-008308"
form_type: "8-K"
ticker: "EMPD"
cik: "0001829794"
company_name: "Empery Digital Inc."
filed_at: "2023-11-20T23:59:59+00:00"
generated_at: "2026-06-07T23:29:38.994370+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Volcon closes $18M public offering of common/pre-funded units and warrants

## Summary
- Gross proceeds of $18.0M from 3.3M common units at $0.42 and 39.5M pre-funded units at $0.41999 per unit.
- Each unit includes one share (or pre-funded warrant) plus 0.35 Series A and 0.35 Series B warrants.
- Aegis Capital acted as sole bookrunner; over-allotment partially exercised for 842,575 Series A and B warrants.
- Company amended existing convertible notes and warrants with Empery holders to allow Offering flexibility.
- Net proceeds intended for general corporate purposes; offering closed November 17, 2023.

## SEC filing metadata
- accession: 0001683168-23-008308
- form_type: 8-K
- ticker: EMPD
- cik: 0001829794
- company_name: Empery Digital Inc.
- filed_at: 2023-11-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829794/000168316823008308/0001683168-23-008308-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829794/000168316823008308/volcon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-008308
- JSON: https://secwatch.observer/filing/0001683168-23-008308.json
- Plain text: https://secwatch.observer/filing/0001683168-23-008308.txt

## Key facts
- Material Agreements
  Empery Digital Inc. entered into Amendment with Empery Asset Master, LTD, Empery Tax Efficient, LP and Empery Debt Opportunity Fund, LP (effective 2023-11-17).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Empery Asset Master, LTD, Empery Tax Efficient, LP and Empery Debt Opportunity Fund, LP
  - Effective: 2023-11-17
  source text: On November 17, 2023, the Company entered into an amendment agreement (the “Amendment”) with Empery Asset Master, LTD, Empery Tax Efficient, LP and Empery Debt Opportunity Fund, LP (collectively, the “Holders”), the holders of certain convertible notes and warrants.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829794/000168316823008308/0001683168-23-008308-index.htm
- Material Agreements
  Empery Digital Inc. entered into Underwriting Agreement with Aegis Capital Corp. (effective 2023-11-16).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Aegis Capital Corp.
  - Effective: 2023-11-16
  source text: On November 16, 2023, Volcon, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Aegis Capital Corp. (the “Underwriter”), in connection with a firm commitment underwritten public offering
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829794/000168316823008308/0001683168-23-008308-index.htm

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