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).
“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”
Debt Financings
Empery Digital Inc. amended credit facility with Two Prime Lending Limited at increased from 6.50% per annum to 7.50% per annum maturing October 9, 2027.
“the interest rate applicable to all outstanding and new borrowings under the MLA has been increased from 6.50% per annum to 7.50% per annum from the date of the MLA Amendment”
Material Agreements
Empery Digital Inc. amended First Amendment to the Master Loan Agreement with Two Prime Lending Limited valued at up to $100 million (effective 2026-02-10).
“On February 10, 2026, Empery Digital Inc. (the “Company”) entered into the First Amendment to the Master Loan Agreement (the “MLA Amendment”), with Two Prime Lending Limited (the “Lender”), which amends the Master Loan Agreement by and between the Company and the Lender originally dated as of October 12, 2025 (the “MLA”).”
Governance Changes
Empery Digital Inc.: Filed Certificate of Designations designating Series A Preferred Stock in connection with adoption of Rights Agreement (effective 2026-02-03).
“In connection with the adoption of the Rights Agreement, on February 3, 2026, the Company filed a Certificate of Designations designating Series A Preferred Stock with the Delaware Secretary of State.”
Material Agreements
Empery Digital Inc. entered into Rights Agreement with Computershare Trust Company, N.A. (effective 2026-02-03).
“the Company entered into a Rights Agreement (the “Rights Agreement”), dated as of February 3, 2026, between the Company and Computershare Trust Company, N.A., as rights agent”
Debt Financings
Empery Digital Inc. incurred term loan of $100 million with Two Prime Lending Limited at 6.50% per annum maturing October 9, 2026.
“of which shall be applied towards share repurchases by the Company. Under the MLA, t he Company may borrow , in one or more draws, an aggregate principal amount of up to $100 million, through October 9, 2026, at which date, all such loans, together with any accrued and unpaid interest and related obligations, shall become due and payable in their entirety.”
Debt Financings
Empery Digital Inc. incurred debt of $50.00 million with NYDIG Funding LLC at per annum rate equal to 8.5% maturing August 31, 2026.
“confirmation (such confirmation, together with the MRA, the “ Repo Facility ”). The Repo Facility is expected to close on or about September 26, 2025 and will provide $50.00 million in exchange for purchased securities in the form of Bitcoin (BTC). The Repo Facility accrues interest at a per annum rate equal to 8.5%. The initial maturity date of the Repo”
Debt Financings
Empery Digital Inc. incurred debt of up to $50.00 million with NYDIG Funding LLC at 8.5% maturing August 31, 2026.
“NYDIG Funding LLC (the “ Buyer ”) and a related transaction confirmation (such confirmation, together with the MRA, the “ Repo Facility ”). The Repo Facility provides up to $50.00 million in advances in exchange for purchased securities in the form of Bitcoin (BTC). Advances under the Repo Facility accrue interest at per annum rate equal to 8.5%. The initial”
Governance Changes
Empery Digital Inc.: Amended and restated Bylaws solely to reflect the Name Change to Empery Digital Inc (effective 2025-07-30).
“the Board also approved an amendment and restatement of the Company’s Second Amended and Restated Bylaws solely to reflect the Name Change (as amended and restated, the “ Third Amended and Restated Bylaws ”), effective as of July 30, 2025.”
Governance Changes
Empery Digital Inc.: Amended Certificate of Incorporation to change company name from Volcon, Inc. to Empery Digital Inc (effective 2025-07-30).
“On July 28, 2025, Volcon, Inc, (the “ Company ”) amended its Second Amended and Restated Certificate of Incorporation, as amended (the “ Certificate of Incorporation ”), to effect a change of the Company’s name from “Volcon, Inc.” to “Empery Digital Inc.” (the “ Name Change ”), effective as of 11:59 P.M., Eastern Time on July 30, 2025.”
Listing & Compliance Notices
Empery Digital Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).
“May 13, 2025, the Company received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that the minimum closing bid price per share for its common stock was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”).∙ Following a June 24, 2025, hearing with a Nasdaq Hearings Panel (the ”Panel”), the Panel issued its determination, indicating the Company shall demonstrate complian”
Governance Changes
Empery Digital Inc.: Amendment to certificate of incorporation to effect a 1-for-8 reverse stock split (effective 2025-06-11).
“The Amendment was filed with the Secretary of State of the State of Delaware and the Reverse Stock Split became effective in accordance with the terms of the Amendment at 11:59 p.m. Eastern Time on June 11, 2025”
Christian Okonsky resigned as Member of the Board of Directors at Empery Digital Inc..
“On September 9, 2024, Christian Okonsky resigned as a member of the Volcon, Inc. (the “Company”) Board of Directors (the “Board”).”
Adrian Solgaard was appointed as independent member of the Board of Directors at Empery Digital Inc..
“On July 29, 2024, the Board of Directors of Volcon, Inc. (the “Company”) appointed Adrian Solgaard as an independent member of the Company’s Board of Directors effective on such date.”
Material Agreements
Empery Digital Inc. entered into Exchange Agreement with certain holders of Series B Warrants to purchase an aggregate of 13,777,011 shares of common stock valued at Exchange of Series B Warrants for shares of common stock (or pre-funded warrants) at a ratio of 0.81 (effective 2024-05-17).
“On May 17, 2024, after giving effect to the Warrant Amendment, the Company and certain holders of Series B Warrants to purchase an aggregate of 13,777,011 shares of common stock (the “Holders”) entered into separate exchange agreements (the “Agreements”) pursuant to which the Company agreed to exchange the Series B Warrants held by the Holders for shares of Company common stock (or, at the option of the Holder, pre-funded warrants) at a ratio of 0.81 shares of Company common stock (or, at the option of the Holder, pre-funded warrants) for each whole Series B Warrant.”
Material Agreements
Empery Digital Inc. entered into Warrant Amendment with holders of a majority-in-interest of the Company’s Series B warrants valued at All outstanding Series B Warrants amended to delete provisions for adjustment of exercise price and (effective 2024-05-17).
“On May 17, 2024, Volcon, Inc. (the “Company”) entered into separate warrant amendment agreements (collectively, the “Warrant Amendment”) with the holders of a majority-in-interest of the holders of the Company’s Series B warrants issued on November 17, 2023 (the “Series B Warrants”).”
Earnings Releases
Empery Digital Inc. reported the quarter ended March 31, 2024 results: revenue $1,033,548, net income $(26,048,044).
“move forward with reducing cost of operations and production.” 1 Financial highlights: 3 Months Ended GAAP March 31, 2024 December 31, 2023 September 30, 2023 Revenue $ 1,033,548 $ 1,083,800 $ 487,430 Cost of goods sold (1,621,580 ) (6,283,944 ) (3,542,468 ) Gross Margin (588,032 ) (5,200,144 ) (3,055,038 Sales & Marketing 760,564 1,365,186 1,870,532”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.