Shareholder of Empery Digital Inc. Calls for Immediate Resignation of CEO and Entire Board of Directors
Empery Digital Inc. - Common stock (EMPD)
Company Research
Source: GlobeNewswire
NEW YORK, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Tice P. Brown, a 9% stockholder of Empery Digital Inc. (NASDAQ:EMPD) sent the following letter to the Board of Directors of Empery Digital Inc. February 23, 2026 To the Board of Directors of Empery Digital Inc. I currently beneficially own 9.8% of Empery Digital Inc. This week the Management of Empery Digital Inc. made a private and unsolicited bid to me to repurchase 100% of my stock for a purchase price equal to 100% of mNAV, a large premium to prevailing market valuations, in exchange for a standstill. They made this bid by phone through their buyback broker on February 18th, and substantiated it in writing on February 23nd. I have declined this offer. Of course, this bid was made out of the shareholders’ own cash. Management’s stated rationale of buybacks is “accretive share repurchases at prices below net asset value,” not “purchases at 100% of NAV to ensure permanent employment for Ryan Lane.” This proposal is especially offen
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EMPD
News
- Empery Digital Confirms Receipt of Nomination Notices from ShareholdersBusiness Wire
- Empery Digital Announces Update on Share Repurchase ProgramBusiness Wire
- Empery Digital Sets the Record StraightBusiness Wire
- Empery Digital Announces Update on Share Repurchase ProgramBusiness Wire
- Empery Digital Announces Update on Share Repurchase ProgramBusiness Wire
EMPD
Sec Filings
- 3/2/26 - Form DEFA14A
- 3/2/26 - Form SCHEDULE
- 2/27/26 - Form SCHEDULE
- EMPD's page on the SEC website