Empery Digital Inc. (EMPD): Nasdaq/NYSE listing notice — Volcon raises ~$500M via private placement, appoints new board and CEO, initiates Bitcoin treasury strategy

Empery Digital Inc.

Private placement of ~44.4M shares at $10/share + 5.7M pre-funded warrants; proceeds to buy Bitcoin for digital asset treasury.
Ryan Lane (Empery Asset Management) appointed Chairman and Co-CEO; Ian Read (ex-Pfizer CEO), Rohan Chauhan, Matthew Homer join board.
Entered Gemini agreements for custody and execution services; will issue 901,542 warrants to Gemini.
Terminated Highbridge consultants agreement for $2M termination fee; amended ATM sales agreement to add $1B capacity.
Nasdaq deficiency: company believes it has met 20-day bid price compliance; awaits final determination.

item 1.01 item 3.01 item 3.02 item 5.02 item 7.01 item 8.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Empery Digital Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

May 13, 2025, the Company received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that the minimum closing bid price per share for its common stock was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”).∙ Following a June 24, 2025, hearing with a Nasdaq Hearings Panel (the ”Panel”), the Panel issued its determination, indicating the Company shall demonstrate complian

View on SEC.gov

5 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Empery Digital Inc. filing history →

Source: SEC EDGAR

accession 0001683168-25-005160

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.