secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0001683168-25-000673
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Volcon enters exclusive golf cart distribution deal with Super Sonic; equity-linked compensation
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- Exclusive US distributor of Super Sonic's electric golf carts; 1-year term, renewable.
- Quarterly share issuance: 1% of outstanding shares per 1,000 units ordered, up to 7,000 units.
- Warrant to purchase 10% of outstanding shares if 10,000 units ordered, at 90% of market price.
- Board seat to Super Sonic if 10,000 units ordered, subject to approvals.
- Equity issuances may require Nasdaq shareholder approval; compensatory damages if not issued.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825000673/0001683168-25-000673-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825000673/volcon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-000673

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