secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2025-05-30T23:59:59+00:00
Accession:  0001683168-25-004106
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Volcon shareholders reject 2.1M share increase for stock plan; reverse split authorized
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- Proposal to increase 2021 Stock Plan by 2.1M shares failed (183,096 For, 183,622 Against, 236,184 Abstain).
- Reverse stock split (1:2 to 1:25) approved; board has one year to implement.
- Stock option grants to CEO John Kim (1,443,000 shares) and CFO Greg Endo (577,200 shares) approved (Proposal 4).
- All five director nominees elected: Solgaard, Kim, Foster, Tjon, Olason.
- MaloneBailey LLP appointed as auditor for FY2025; distribution deal with Super Sonic (Aodes) approved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825004106/0001683168-25-004106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825004106/volcon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-004106

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