secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2025-10-14T23:59:59+00:00
Accession:  0001683168-25-007518
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 2.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Empery Digital signs $100M credit facility; raises buyback to $150M; repurchased 6.7M shares at $7.61 avg.
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825007518/0001683168-25-007518-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825007518/empery_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-007518

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