secwatch.observer — SEC 8-K summary
======================================

Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K/A
Filed at:   2025-09-19T23:59:59+00:00
Accession:  0001683168-25-007143
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Empery Digital to enter $50M Bitcoin repo facility with NYDIG at 8.5%, closing Sept 26, 2025
--------------------------------------------------------------------------------

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825007143/0001683168-25-007143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825007143/empery_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-007143

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