secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0001683168-25-008968
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Empery Digital repurchases 13.7M shares at avg $6.99; director Karin-Joyce Tjon resigns
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- Repurchased 13,705,746 shares under $150M program at avg $6.99 per share through Dec 5, 2025.
- Approximately $54M remains for future repurchases; outstanding shares 37,714,489 after pre-funded warrants.
- Borrowed $100M of $150M facility to fund buybacks; may use BTC sales or derivative proceeds for incremental repurchases.
- Management committed to increasing BTC per share via opportunistic share repurchases below NAV.
- Karin-Joyce Tjon resigned from Board effective Dec 3, 2025, with no disagreement with company operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825008968/0001683168-25-008968-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316825008968/empery_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-008968

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