Major Empery Digital (EMPD) holder confirms 12.1% stake and sends board letter
Tice P. Brown, a significant shareholder in Empery Digital Inc. (EMPD), has confirmed a 12.1% beneficial ownership stake through an amended Schedule 13D filing. This increase in reported ownership is due to a decrease in the company's total shares outstanding rather than new purchases. Brown has also sent a letter to the board and stockholders concerning the share repurchase program and governance, while reserving the right for future strategic actions despite not proceeding with a self-nomination to the board at this time.