Empery Digital Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM
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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 8, 2025 (
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Item 1.01 Entry Into a Material Definitive Agreement.
Uncommitted Revolving Credit Agreement
On September 7, 2025, Empery Digital Inc., a corporation organized and existing under the laws of the state of Delaware (the “Company”) entered into an uncommitted revolving credit agreement (the “Credit Agreement”) with Galaxy Digital LLC, a limited liability company organized and existing under the laws of the state of Delaware, as lender (the “Lender”), pursuant to which the Company may borrow either United States dollars or digital currency in an aggregate notional amount not to exceed $75,000,000, on the terms and subject to the conditions set forth therein. The economic terms and maturity date, if any, of each borrowing will be agreed between the Company and the Lender at the time of each borrowing under the Credit Agreement.
The foregoing description of the Credit Agreement is not complete and is qualified in it its entirety by reference to the full text of the Credit Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 8.01 Other Information.
On September 8, 2025, Empery Digital Inc. (the “Company”) issued a press release providing an update on repurchases by the Company under the Company’s stock repurchase program and announcing its entry into the Credit Agreement.
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 September 5, 2025, 1,626,007 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 $7.23 and approximately $88 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 | |
| 10.1* | Uncommitted Revolving Credit Agreement, dated September 7, 2025, by and between Empery Digital Inc. and Galaxy Digital LLC | |
| 99.1 | Press Release, dated September 8, 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
* Certain schedules, exhibits and similar attachments have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company will provide a copy of such omitted materials to the Securities and Exchange Commission or its staff upon request.
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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 8, 2025 | /s/ Greg Endo |
| Greg Endo Chief Financial Officer |
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