SCHEDULE: Empery Digital Inc. Shareholder Activity Update

Empery Asset Management, LP and Ryan M. Lane report significant transactions in Empery Digital Inc. common stock, including substantial sales.

Summary

• Empery Asset Management, LP and Ryan M. Lane have filed an amendment (Amendment No. 3) to their Schedule 13D regarding their holdings in Empery Digital Inc.
• The filing details transactions over the past sixty days, including the sale of 650,000 shares on August 12, 2026, at a weighted average price of $2.8211, and the sale of 750,000 shares on August 13, 2026, at a weighted average price of $2.9845.
• Empery Asset Management, LP now beneficially owns 4,330,345 shares, representing 15.40% of the outstanding common stock.
• Ryan M. Lane individually beneficially owns 4,430,345 shares, representing 15.76% of the outstanding common stock.
• The total cost for shares held by Empery Funds was approximately $31,341,282, funded by working capital.
• The total cost for shares held by Mr. Lane was approximately $1,000,000, funded by personal funds.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a neutral to slightly negative sentiment due to the significant sale of shares, despite the reporting persons maintaining a substantial beneficial ownership.

Positives

• Reporting persons maintain a significant beneficial ownership stake in Empery Digital Inc., with Ryan M. Lane holding 15.76% and Empery Asset Management, LP holding 15.40%.

Negatives

• Significant sales of Empery Digital Inc. common stock occurred on August 12, 2026 (650,000 shares) and August 13, 2026 (750,000 shares).
• The sales were conducted in the open market through brokers.

Risks

• Potential for further selling pressure if the reporting persons decide to reduce their holdings further.
• Market perception of significant insider selling could negatively impact share price.

Future Outlook

No specific forward-looking statements or guidance were provided in this amendment regarding future share transactions or company performance.

Management Comments

• "The aggregate cost of the 4,330,345 shares of Common Stock directly held by the Empery Funds is approximately $31,341,282."
• "The source of the funds used to acquire such shares of Common Stock was the working capital of the Empery Funds."
• "The aggregate cost of the 100,000 shares of Common Stock directly held by Mr. Lane is approximately $1,000,000."
• "The source of funds used to acquire such shares of Common Stock was the personal funds of Mr. Lane."
• "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct."

Industry Context

StockSavvy.ai notes that significant selling by major shareholders, as reported in a Schedule 13D amendment, can signal a lack of confidence or a strategic portfolio adjustment, potentially influencing investor sentiment and stock price.

Stakeholder Impact

• Shareholders: Potential negative impact on share price due to significant selling by major holders; however, continued substantial ownership may provide some stability.
• Creditors: No direct impact indicated, as the filing focuses on equity ownership.
• Employees: Indirect impact through potential stock price fluctuations affecting morale and equity-based compensation.

Next Steps

• Continued monitoring of Empery Digital Inc.'s stock performance and any further filings by Empery Asset Management, LP or Ryan M. Lane.
• Review of Empery Digital Inc.'s upcoming financial reports for operational performance updates.

Key Dates

Recommendation

The significant sales by major holders suggest caution, but their continued substantial ownership indicates they still see value. A 'hold' recommendation is appropriate pending further clarity on the reasons for the sales and the company's future performance.

Keywords

Schedule 13D, Beneficial Ownership, Stock Transactions, Empery Digital Inc., Empery Asset Management, Insider Selling