Empery Digital Inc. held its annual meeting of stockholders, where shareholders elected nine directors, rejected the adoption of the Empery Digital Inc. 2025 Equity Incentive Plan by a vote of 8,897,192 to 11,798,429, and ratified MaloneBailey, LLP as independent auditors. Following the meeting, ATG Capital Opportunities Fund LP filed a Section 225 action under Delaware General Corporate Law seeking to sterilize votes held by Empery Asset Management to remove director Ian Read from the Board and replace him with Gabriel Gliksberg. This legal challenge indicates an ongoing governance dispute between the company's management and activist investor ATG Capital. The company operates in the digital entertainment industry.
