other_material
confidence high
sentiment neutral
materiality 0.60
Volcon announces 1-for-8 reverse stock split effective June 11, 2025
Empery Digital Inc.
- Reverse split ratio 1:8; effective 11:59 PM ET on June 11, 2025.
- Outstanding shares to reduce from ~4.3M to ~0.54M; authorized shares unchanged at 250M.
- No fractional shares; cash payment in lieu of fractional interests.
- New CUSIP 92864V608; ticker VLCN unchanged; post-split trading starts June 12.
- Proportional adjustments to stock options, warrants, and equity plan reserved shares.
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