{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-005256","form_type":"8-K","ticker":"EMPD","cik":"0001829794","company_name":"Empery Digital Inc.","filed_at":"2025-07-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.198369+00:00","generated_at":"2026-05-18T04:30:42.538117+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Volcon closes $501M private placement, launches bitcoin treasury strategy, holds 280 BTC","bullets":["Closed private placement with gross proceeds of ~$501M; issued 44.4M shares and pre-funded warrants for 5.7M shares.","Plans to allocate >95% of net proceeds to BTC; currently holds 280.14 BTC; additional purchases commenced via Gemini.","Company intends to change name to Empery Digital, Inc. and ticker to EMPD; power sports business to become Empery Mobility.","Appointed Ryan Lane as Co-CEO & Chairman; Ian Read (ex-Pfizer CEO) and others to board.","Granted performance-based stock options to three new executives at $10.00 exercise price (COO, VP Legal, Crypto Controller)."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-005256","json":"https://secwatch.observer/filing/0001683168-25-005256.json","markdown":"https://secwatch.observer/filing/0001683168-25-005256.md","text":"https://secwatch.observer/filing/0001683168-25-005256.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829794/000168316825005256/0001683168-25-005256-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829794/000168316825005256/volcon_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T04:30:42.538117+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}