secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2024-11-20T23:59:59+00:00
Accession:  0001683168-24-008281
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Volcon disputes DTCC request for 188,950 shares after reverse split; may face liability
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- On Nov 8, 2024, Volcon completed a 1-for-8 reverse stock split of common stock.
- On Nov 19, 2024, DTCC requested 188,950 additional shares for fractional rounding.
- Volcon believes the request is incorrect based on historical shareholder count and is investigating.
- Company does not intend to issue the shares pending completion of its inquiry.
- Volcon acknowledges potential liability if it is later determined issuance was required.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316824008281/0001683168-24-008281-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316824008281/volcon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-008281

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