secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2025-09-19T23:59:59+00:00
Accession:  0001683168-25-007128
Event type: debt
Sentiment:  positive
Materiality: 0.75
Item codes: 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Empery Digital secures $50M Bitcoin-backed repo facility; ups buyback facility to $35M
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- Entered $50M Master Repurchase Agreement with NYDIG Funding LLC, advances secured by Bitcoin, interest at 8.5% per annum, matures August 31, 2026.
- Amended committed borrowing facility from $25M to $35M for share repurchases; net proceeds from repo facility will repay existing facility in full.
- Repurchased 3,522,233 shares at average $7.35 under $100M program; ~$74M remains available for repurchases.
- Management intends to use incremental capital from repo facility for accretive share buybacks below NAV.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825007128/0001683168-25-007128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825007128/empery_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-007128

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