04:50 PM EDT, 03/24/2026 (MT Newswires) -- Empery Digital ( EMPD ) said Tuesday it has completed a $25 million registered direct stock sale with an existing institutional backer.

The transaction included about 4.6 million common shares and attached warrants at a combined price of $5.39 each, the company said.

The combined price makes up roughly 103% of the net asset value at signing, while the immediate-action warrants carry a $6.27 exercise price and expire in four years, Empery Digital ( EMPD ) said.

The company will use the net proceeds alongside existing cash to cut outstanding debt obligations, it added.