secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2025-11-24T23:59:59+00:00
Accession:  0001683168-25-008632
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Empery Digital repurchases ~12.9M shares at $7.10 avg; uplists to Nasdaq Global Select Market
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- Repurchased 12,875,918 shares at avg $7.10 under $150M program, funded by $95M draw from $150M borrowing facility.
- Approximately $59M remains for future repurchases; shares outstanding now 38,544,317 (incl. pre-funded warrants).
- Shares began trading on Nasdaq Global Select Market at open on November 21, 2025, after approval.
- Management focuses on increasing bitcoin per share through accretive buybacks below NAV.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825008632/0001683168-25-008632-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825008632/empery_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-008632

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