{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-26-002114","form_type":"8-K","ticker":"EMPD","cik":"0001829794","company_name":"Empery Digital Inc.","filed_at":"2026-03-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.418938+00:00","generated_at":"2026-05-15T09:23:50.377210+00:00","sec_items":["1.01","3.03","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Empery Digital raises $25M in registered direct offering at $5.39 (103% NAV); to repay $40M debt","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-26-002114","json":"https://secwatch.observer/filing/0001683168-26-002114.json","markdown":"https://secwatch.observer/filing/0001683168-26-002114.md","text":"https://secwatch.observer/filing/0001683168-26-002114.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829794/000168316826002114/0001683168-26-002114-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829794/000168316826002114/empery_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:23:50.377210+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1e574da7a22af68b579e4a743172f32924f591be","claim":"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).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829794/000168316826002114/0001683168-26-002114-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain institutional investors named on the signature page thereto"},{"label":"Value","value":"approximately $25 million"},{"label":"Effective","value":"2026-03-23"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}