debt
confidence high
sentiment neutral
materiality 0.55
Empery Digital to enter $50M Bitcoin repo facility with NYDIG at 8.5%, closing Sept 26, 2025
Empery Digital Inc.
- Amendment corrects prior erroneous report that Repo Facility had already been executed.
- Agreement for Master Repurchase Agreement with NYDIG Funding LLC for $50M in exchange for Bitcoin.
- Interest at 8.5% per annum; initial maturity August 31, 2026; prepayment subject to termination fee.
- Facility requires posting additional Bitcoin as margin; closing subject to conditions including Buyer's funding.
- Transaction structured as purchase and repurchase of securities (Bitcoin).
item 2.03