$EMPD

Empery Digital Inc.

No enriched coverage for $EMPD in the last 7 days.

No SEC Form 4 filings for $EMPD in the last 30 days.

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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.

Empery Digital repurchases over 15.4 million shares at $6.71 average By Investing.com

Empery Digital Inc. has repurchased over 15.4 million shares of common stock at an average price of $6.71 under its $200 million share repurchase program, funding this by selling 357.7 bitcoin. The company aims to maximize per-share value and manage debt amidst bitcoin volatility and current profitability challenges, also noting a significant 69% decline in stock value over the past year. These repurchases contribute to their strategy of leveraging their bitcoin treasury to close the gap between enterprise value and net asset value.