---
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"
generated_at: "2026-05-15T09:23:50.377210+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.03, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-002114
- JSON: https://secwatch.observer/filing/0001683168-26-002114.json
- Plain text: https://secwatch.observer/filing/0001683168-26-002114.txt

## Key facts
- Material Agreements
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1829794/000168316826002114/0001683168-26-002114-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.