Empery Digital Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Empery Digital Inc. (NASDAQ: EMPD) on November 17, 2025, reporting events occurring as of November 14, 2025. The filing addresses updates to the Company's stock repurchase program under Item 8.01 Other Information.
Key Financial Metrics
- Stock Repurchases: 11,919,788 shares repurchased to date under the program.
- Average Purchase Price: $7.27 per share (including fees and commissions).
- Program Capacity: Approximately $63 million remains available for future repurchases from the original $150 million authorization.
- Shares Outstanding: 39,500,447 shares (after giving effect to the potential exercise of 3,913,538 pre-funded warrants).
- Revenue, Profit, and Cash Flow: The filing text does not provide a clear value for revenue, profit, cash flow, margins, or debt levels.
Material Changes
The primary material change reported is the progress of the $150 million stock repurchase program. As of the reporting date, the Company has utilized approximately $87 million of the authorized amount, leaving roughly 42% of the program capacity remaining.
Guidance, Outlook, and Risks
The filing does not contain forward-looking guidance, management commentary on future operations, specific risk factors, or contingencies beyond the standard disclosure of the repurchase program status. The press release referenced in Exhibit 99.1 is incorporated by reference but its full text is not included in the provided input.
Investor Verification Checklist
- Verify the exact number of shares outstanding excluding the potential exercise of pre-funded warrants.
- Confirm the total cash balance and liquidity position to assess the ability to fund the remaining $63 million in repurchases.
- Review the full text of the press release (Exhibit 99.1) for any additional details on the repurchase strategy or timing.
- Check recent 10-Q or 10-K filings for the most recent revenue, profit, and debt metrics not included in this 8-K.