Empery Digital Inc. Form 8-K Summary
Business Context and Reporting Period
Empery Digital Inc. (NASDAQ: EMPD), an emerging growth company incorporated in Delaware, filed this Current Report on Form 8-K on February 2, 2026. The report discloses events occurring as of January 30, 2026, specifically regarding the company's stock repurchase program.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, or debt levels. The primary financial data relates to capital allocation and share count:
- Stock Repurchase Program: $150 million authorized.
- Shares Repurchased: 14,041,998 shares as of January 30, 2026.
- Average Purchase Price: $6.94 per share (including fees and commissions).
- Remaining Authorization: Approximately $53 million available for future repurchases.
- Shares Outstanding: 37,378,237 shares (after giving effect to the potential exercise of 870,240 pre-funded warrants).
Material Changes
The filing details the progress of the previously announced $150 million stock repurchase program. As of the reporting date, the company has utilized approximately $97 million of the authorized amount (calculated as $150 million less the $53 million remaining), resulting in a significant reduction in the share count.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future operations, or discussion of specific risks and contingencies beyond the standard disclosure of the repurchase activity. The document serves solely to update investors on the status of the buyback program.
Investor Verification Checklist
- Verify the exact number of shares outstanding excluding the potential exercise of pre-funded warrants.
- Confirm the remaining duration and any specific terms of the $53 million remaining repurchase authorization.
- Review the attached press release (Exhibit 99.1) for any additional qualitative details on the repurchase strategy.
- Check subsequent filings for updates on the execution of the remaining $53 million authorization.