Empery Digital Inc. 8-K
Research Summary
AI-generated summary
Empery Digital Inc. Updates Stock Repurchase — 14.04M Shares Bought
What Happened Empery Digital Inc. (EMPD) filed a Form 8-K on February 2, 2026, announcing an update to its previously disclosed $150 million stock repurchase program. As of January 30, 2026, the company has repurchased 14,041,998 shares at an average purchase price of $6.94 per share (including fees), representing roughly $97 million of the $150 million authorization. The press release is attached as Exhibit 99.1 to the filing.
Key Details
- Repurchased shares: 14,041,998 common shares (as of January 30, 2026)
- Average price paid: $6.94 per share (including all fees and commissions)
- Remaining repurchase capacity: approximately $53 million available under the $150 million program
- Shares outstanding: 37,378,237 shares after giving effect to the potential exercise of 870,240 pre-funded warrants
Why It Matters A substantial buyback reduces the number of shares outstanding and can increase earnings per share and ownership concentration for remaining shareholders. The update shows Empery is actively using a material portion of its $150M buyback authorization (about two-thirds used), with roughly $53M left for future repurchases. Investors tracking capital allocation, share count dilution, and EPS effects should note the updated outstanding share figure and remaining program capacity.