secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2025-09-08T23:59:59+00:00
Accession:  0001683168-25-006738
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Empery Digital secures $75M credit facility with Galaxy Digital; bought back 1.6M shares at $7.23
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- Entered uncommitted revolving credit agreement with Galaxy Digital LLC for up to $75M in USD or digital currency.
- As of Sep 5, 2025, repurchased 1,626,007 shares at avg $7.23 per share; $88M remains under $100M repurchase program.
- Existing $25M committed facility had $13M drawn; new agreement provides additional funding flexibility.
- Management focuses on increasing bitcoin per share through accretive repurchases below NAV.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825006738/0001683168-25-006738-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825006738/empery_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-006738

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