Recent Updates — EMPD
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.
Empery Digital Inc. closed a $20 million preferred equity investment in Cardinal Data Power, Inc. (CDP), representing an approximately 8% ownership stake in the developer of behind-the-meter powered data center campuses. This investment was part of a $70 million Series A financing for CDP to support its inaugural 750 MW Phase I data center campus in West Texas. Empery Digital is a digital asset and AI infrastructure investment company focused on building long-term shareholder value through a bitcoin treasury strategy and strategic expansion into data center investments.
Since May 7, 2026, Empery Digital Inc. sold 1,400 BTC at an average price of $62,200 per BTC, generating approximately $87.1 million in gross proceeds. The company used these funds to repay $10 million of outstanding debt on July 7, 2026, fund a previously announced property acquisition, cover legal expenses for ongoing stockholder litigation, and support operations. As of July 10, 2026, the company holds 1,514 BTC, $73.9 million in cash, and has $45 million in outstanding debt. The company operates in the digital asset industry and manages Bitcoin holdings and related investments.
Empery Digital Inc. entered into an amendment to its Rights Agreement with Computershare Trust Company, N.A. on July 6, 2026. This amendment accelerates the expiration of the company's preferred share purchase rights from February 2, 2027, to the close of business on July 6, 2026. Upon termination of the agreement, all distributed rights will expire. The company noted that no preferred shares were issued or outstanding at the time of the amendment and will file a Certificate of Elimination to return the Series A Preferred Stock to authorized but undesignated status. Empery Digital Inc. is a digital technology company.