{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-007518","form_type":"8-K","ticker":"EMPD","cik":"0001829794","company_name":"Empery Digital Inc.","filed_at":"2025-10-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.671747+00:00","generated_at":"2026-05-17T03:58:08.782605+00:00","sec_items":["1.01","2.03","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Empery Digital signs $100M credit facility; raises buyback to $150M; repurchased 6.7M shares at $7.61 avg.","bullets":["Entered $100M delayed draw term loan with Two Prime Lending, due Oct 2026 (extendable to Oct 2027), interest 6.50% p.a.","Loan requires Bitcoin collateral initially at 250% of loan amount, subject to margin calls.","Board increased share repurchase authorization by $50M to $150M total; $99M remains available.","As of Oct 10, 2025, repurchased 6,740,482 shares at avg price $7.61 per share."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-007518","json":"https://secwatch.observer/filing/0001683168-25-007518.json","markdown":"https://secwatch.observer/filing/0001683168-25-007518.md","text":"https://secwatch.observer/filing/0001683168-25-007518.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829794/000168316825007518/0001683168-25-007518-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829794/000168316825007518/empery_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:58:08.782605+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a447f4af1b984906a6aa7a1778356145004280e5","claim":"Empery Digital Inc. incurred term loan of $100 million with Two Prime Lending Limited at 6.50% per annum maturing October 9, 2026.","evidence_excerpt":"of which shall be applied towards share repurchases by the Company. Under the MLA, t he Company may borrow , in one or more draws, an aggregate principal amount of up to $100 million, through October 9, 2026, at which date, all such loans, together with any accrued and unpaid interest and related obligations, shall become due and payable in their entirety.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829794/000168316825007518/0001683168-25-007518-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$100 million"},{"label":"Counterparty","value":"Two Prime Lending Limited"},{"label":"Rate","value":"6.50% per annum"},{"label":"Maturity","value":"October 9, 2026"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}