secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2025-09-18T23:59:59+00:00
Accession:  0001683168-25-007095
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 1.02
LLM model:  deepseek-v4-flash:cloud@v2

Empery Digital's exclusive U.S. distribution agreement with Super Sonic terminated for failing minimum purchase
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- Super Sonic terminated exclusive U.S. distribution agreement with Empery Digital, effective Sept 18, 2025.
- Termination due to Empery failing minimum purchase requirement for two consecutive months, triggering immediate termination right.
- No early termination penalties; Empery had no penalties under the agreement.
- Termination eliminates Empery's obligation to issue up to 7% of outstanding shares to Super Sonic, and cancels potential board seat grant.
- Before termination, agreement required 1% share issuance per 1,000 units ordered in 2025 (up to 7,000 units) and board seat if 10,000 units by Feb 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825007095/0001683168-25-007095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825007095/empery_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-007095

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