Empery Digital (NASDAQ: VLCN) details $100M stock repurchase progress

Rhea-AI Filing Summary

Empery Digital Inc. filed a current report to share an update on its stock repurchase activity and its current Bitcoin holdings. The company previously authorized a stock repurchase program on July 25, 2025, allowing it to buy back up to $100 million of its outstanding common stock over a 24‑month period. As of August 29, 2025, Empery Digital has repurchased 1,009,115 shares of common stock at an average price of $7.29 per share, and approximately $93 million remains available for additional repurchases under this program. The company furnished a press release with further details as an exhibit to this report.

Insights

Equity capital markets analyst

Empery Digital reports early use of a $100M buyback, with most capacity still unused.

Empery Digital Inc. authorized a stock repurchase program of up to $100 million in common stock over a 24‑month period. As of August 29, 2025, it has used a small portion of that authorization, repurchasing 1,009,115 shares at an average price of $7.29 per share.

This disclosure shows that the company is actively executing on the program while leaving significant flexibility, with about $93 million still available for future repurchases. The impact on share count and per‑share metrics will depend on how quickly and at what prices the remaining authorization is used, which may be detailed further in subsequent company filings or updates.

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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): September 2, 2025 (August 29, 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 September 2, 2025, Empery Digital Inc. (the “Company”) issued a press release providing an update regarding the Company’s current Bitcoin holdings and repurchases by the Company under the previously announced 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 August 29, 2025, 1,009,115 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 $7.29 and approximately $93 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 September 2, 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: September 2, 2025	/s/ Greg Endo
	Greg Endo Chief Financial Officer

3

FAQ

What did Empery Digital Inc. disclose in this 8-K filing?

Empery Digital Inc. disclosed an update on its current Bitcoin holdings and activity under its previously announced stock repurchase program, along with attaching a related press release as an exhibit.

How large is Empery Digital Inc.'s stock repurchase program?

The board of directors authorized a stock repurchase program under which Empery Digital Inc. may repurchase up to $100 million of its outstanding common stock over a 24‑month period.

How many shares has Empery Digital repurchased so far under the program?

As of August 29, 2025, Empery Digital Inc. has repurchased 1,009,115 shares of its common stock under the stock repurchase program.

What is the average price paid per share in Empery Digital's buybacks?

The company reports an average repurchase price of $7.29 per share for the 1,009,115 shares bought under the program as of August 29, 2025.

How much capacity remains under Empery Digital's stock repurchase authorization?

Approximately $93 million remains available for additional repurchases under Empery Digital Inc.'s $100 million stock repurchase program.

What exhibits did Empery Digital include with this 8-K filing?

Empery Digital Inc. included a press release dated September 2, 2025 as Exhibit 99.1, and a Cover Page Interactive Data File as Exhibit 104.