secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001683168-25-000782
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Volcon closes $12M underwritten public offering of equity units with warrants
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- Offering closed Feb 6, 2025: gross proceeds $12M from 6M units at $2.00 per unit.
- Each unit: one share (or pre-funded warrant at $0.00001) plus one 5-year common warrant at $2.00.
- Post-offering shares outstanding: 8,572,429, assuming full pre-funded warrant exercise.
- Net proceeds earmarked for working capital and general corporate purposes.
- Aegis Capital acted as sole book-runner; underwriting discount of 8% plus 1% expense allowance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825000782/0001683168-25-000782-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825000782/volcon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-000782

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