Empery Digital Inc. SEC Filings

Empery Digital Inc. (EMPD) reported two updates. First, it furnished a press release with operational highlights and financial results for the quarter ended September 30, 2025.

Second, it updated progress on its $150 million stock repurchase program. As of November 10, 2025, the company has repurchased 11,082,834 shares at an average purchase price of $7.36 per share, including fees and commissions. Following these purchases, approximately $68.5 million remains available for future repurchases. The company also reported that shares outstanding were 40,337,401, after giving effect to the potential exercise of 3,913,538 pre-funded warrants.

Empery Digital Inc. (EMPD) filed its Q3 2025 report highlighting a strategic pivot to a Bitcoin-focused treasury model. The company acquired Bitcoin during the period, reporting 4,081 BTC at September 30, 2025 with a total carrying value of $465,528,312, including $130,804,221 pledged as collateral. Cash and cash equivalents were $18,819,529, and total assets rose to $492,261,234.

Operations remain small versus the balance sheet shift. Q3 revenue was $198,301 and the net loss was $34,555,301, driven by operating expenses, share-based compensation, and a $14,106,222 unrealized loss on digital assets. For the nine months, revenue was $1,637,286 and net loss was $40,915,628.

The company raised capital and added leverage to fund its strategy and buybacks: $10,703,882 in a February 2025 offering, $10,288,062 via an ATM, and July 2025 private placements yielding approximately $452,292,054 in net cash proceeds and Bitcoin valued at approximately $28,000,000. A $49,850,087 term loan and a $50,000,000 repo facility (8.5% per annum) replaced a prior repurchase financing. Treasury stock purchases totaled $39,406,458. Shares outstanding were 36,423,863 as of November 10, 2025.

Empery Digital Inc. updated its stock repurchase activity. As of October 31, 2025, the company has repurchased 10,160,795 shares of common stock under its previously announced $150 million buyback program at an average purchase price of $7.42 per share, including fees and commissions.

Following these purchases, approximately $76 million remains available for future repurchases. The company reported 41,259,440 shares outstanding after giving effect to the potential exercise of 3,913,538 pre-funded warrants.

Empery Digital Inc. updated its stock repurchase activity. As of October 24, 2025, the company has repurchased 9,429,509 shares of common stock under its previously announced $150 million program at an average purchase price of $7.46 per share, including fees and commissions.

Following these repurchases, approximately $80 million remains available for future buybacks. The company reports a current share count of 41,990,726 shares outstanding, after giving effect to the potential exercise of 3,913,538 pre-funded warrants.

Empery Digital Inc. (EMPD) entered into an Asset Purchase Agreement to transfer certain power sports intellectual property to Venom EV, LLC in exchange for 10% of Venom’s common stock on a fully diluted, non‑dilutable basis.

The IP includes trademarks, patents, vehicle designs, manufacturing information, marketing and sales assets, and the “Volcon” name and associated social media accounts. The Venom shares will be issued when Venom converts into a Delaware corporation; if that conversion does not occur within six months of the agreement date, Empery Digital may repurchase the IP for nominal consideration.

The agreement grants Empery Digital the right to appoint one director to Venom’s board for five years following closing and includes customary representations, warranties, covenants, and closing conditions. The company also announced the agreement and power sports updates via press release.

Empery Digital Inc. entered a Master Loan Agreement with Two Prime Lending to access up to $100,000,000 in delayed draw term loans for share repurchases. The loans carry a 6.50% annual interest rate, mature on October 9, 2026, and may be extended at the Company’s option to October 9, 2027. There are no commitment fees, and prepayments incur no penalty. Borrowings must be secured by Bitcoin collateral equal to 250% of the amount drawn, with potential margin calls as BTC prices move.

The Board increased the share repurchase authorization by $50,000,000 to a total of $150,000,000, effective through July 24, 2027. As of October 10, 2025, the Company has repurchased 6,740,482 shares at an average price of $7.61 per share, leaving approximately $99,000,000 available under the program.