Empery Digital raises $25M in registered direct offering at $5.39 (103% NAV); to repay $40M debt

Empery Digital Inc.

Gross proceeds ~$25M from 4.64M shares (or pre-funded warrants) at $5.39 combined; warrants at $6.27 strike, 4-yr term.
Net proceeds plus cash on hand to fully repay $50M Repo Facility and reduce debt by ~$40M (incremental $10M draw on Two Prime facility).
Repurchased 22.35M shares under $200M program at avg $5.92; current shares ~33.7M after pre-funded warrants.
Sold 63 BTC for ~$4.6M at avg $72,791 to fund repurchases; holds 3,439 BTC.
No placement agent fees; closing expected Mar 24, 2026.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Empery Digital Inc. entered into Securities Purchase Agreement with certain institutional investors named on the signature page thereto valued at approximately $25 million (effective 2026-03-23).

Action: entry
Agreement: equity purchase
Counterparty: certain institutional investors named on the signature page thereto
Value: approximately $25 million
Effective: 2026-03-23

Exact text from the filing

On March 23, 2026, Empery Digital Inc. (the “Company”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with certain institutional investors named on the signature page thereto

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299 material agreements filed in the last 30 days. Browse all material agreements →

Empery Digital Inc. filing history →

Source: SEC EDGAR

accession 0001683168-26-002114

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