Empery Digital (NASDAQ: EMPD) details progress on $100M buyback plan

Rhea-AI Filing Summary

Empery Digital Inc. updated investors on activity under its existing stock repurchase program. The board had previously authorized the Company to buy back up to $100 million of its common stock over a 24‑month period. As of October 3, 2025, the Company has repurchased 5,911,309 shares of common stock at an average price of $7.55 per share, and approximately $55 million remains available for future repurchases under the program. The Company also issued a press release on October 6, 2025 discussing this update.

Insights

Equity capital allocation analyst

Empery Digital reports substantial buyback use with capacity remaining.

Empery Digital describes progress under a previously authorized stock repurchase program of up to $100 million over 24 months. By October 3, 2025, it had repurchased 5,911,309 common shares at an average price of $7.55 per share, indicating meaningful execution of the authorization.

The update also notes that approximately $55 million is still available for additional repurchases. The economic effect of these transactions depends on the Company’s overall cash position, alternative investment needs, and future operating performance, which are not detailed here.

Subsequent disclosures, including future periodic reports and repurchase updates, may provide more context on how remaining authorization is used over the rest of the stated 24‑month period.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

__________________________

FORM 8-K

__________________________

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 6, 2025 (October 3, 2025)

__________________________

Empery Digital Inc.

(Exact Name of Registrant as Specified in its Charter)

__________________________

Delaware	001-40867	84-4882689
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)

3121 Eagles Nest Street, Suite 120

Round Rock, TX 78665

(Address of principal executive offices and zip code)

(512) 400-4271

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-14(c)).

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.00001 per share		EMPD		NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Information.

On October 6, 2025, Empery Digital Inc. (the “Company”) issued a press release providing an update on repurchases by the Company under the Company’s stock repurchase program.

As previously announced, on July 25, 2025, the Company announced that its board of directors authorized a stock repurchase program such that the Company could repurchase up to $100 million of the Company’s outstanding shares of common stock, par value $0.00001 per share over a 24-month period. As of October 3, 2025, 5,911,309 shares of the Company’s common stock have been repurchased by the Company under the stock repurchase program at an average purchase price per share of $7.55 and approximately $55 million remains available for repurchase under this program.

The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
99.1		Press Release, dated October 6, 2025
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

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SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Empery Digital Inc.
	(Registrant)
Date: October 6, 2025	/s/ Greg Endo
	Greg Endo Chief Financial Officer

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FAQ

What stock repurchase program did Empery Digital Inc. (EMPD) authorize?

Empery Digital Inc.'s board authorized a stock repurchase program allowing the Company to repurchase up to $100 million of its outstanding common stock over a 24‑month period.

How many Empery Digital Inc. (EMPD) shares have been repurchased so far?

As of October 3, 2025, Empery Digital Inc. has repurchased 5,911,309 shares of its common stock under its stock repurchase program.

At what average price has Empery Digital Inc. been buying back shares?

The Company reports an average purchase price of $7.55 per share for the 5,911,309 shares repurchased under its stock repurchase program.

How much authorization remains in Empery Digital Inc.’s share repurchase program?

Empery Digital Inc. states that approximately $55 million remains available for future share repurchases under its $100 million authorization.

Over what time frame can Empery Digital Inc. use its repurchase authorization?

The board authorization allows Empery Digital Inc. to repurchase up to $100 million of common stock over a 24‑month period from the program’s announcement.

Did Empery Digital Inc. issue a press release about its share repurchases?

Yes. Empery Digital Inc. issued a press release dated October 6, 2025 providing an update on repurchases under its stock repurchase program.