secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2023-11-20T23:59:59+00:00
Accession:  0001683168-23-008308
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823008308/0001683168-23-008308-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823008308/volcon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-008308

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