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

Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2025-10-27T23:59:59+00:00
Accession:  0001683168-25-007778
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Empery Digital repurchased 9.4M shares (~$70M) under $150M buyback; $80M remains
--------------------------------------------------------------------------------

- Repurchased 9,429,509 shares at avg price $7.46, reducing shares outstanding to ~42M after pre-funded warrants.
- Approximately $80M remains available under the $150M share repurchase program.
- Funding from $70M drawn under $150M borrowing facilities; management committed to accretive buybacks below NAV.
- As of Oct 24, 2025, shares outstanding 41,990,726 including effect of 3,913,538 pre-funded warrants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825007778/0001683168-25-007778-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825007778/empery_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-007778

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