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-0.00527566348515972 -0.0113164995368693 -0.0332447344045751 -0.0332447344045751 -0.0072892755023962 0.00277878458378636 -0.0777656961056745 -0.0666908300108735
Stock impact report

Empery Digital Reaffirms Commitment to Maximizing Shareholder Value Through Accretive Share Repurchases

Empery Digital Inc. - Common stock (EMPD) 
Company Research Source: Business Wire
Empery Digital Has Repurchased Approximately 14.0 Million SharesManagement Commits to Optimizing Balance Sheet to Decrease Discount to NAV AUSTIN, Texas--(BUSINESS WIRE)--Empery Digital Inc. (NASDAQ: EMPD) (the “Company” or “Empery Digital”) today provided a corporate update regarding its ongoing efforts to maximize shareholder value.The Company is returning to maximizing share repurchases in its continued effort to address the gap between the Company’s enterprise value and its net asset value (“NAV”). This is based on the Company’s fiduciary responsibility to all shareholders and is affirmed by the fact that members of management and the board of directors (the “Board”) are significant shareholders themselves, fully aligned with the objective of maximizing per-share value and closing the NAV gap.While the Company’s valuation continues to remain at a material discount to NAV, management will maximize share repurchases, funded by sales of bitcoin, incremental drawdowns on our debt f Show less Read more
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