ATG Capital Withdraws Five Board Nominees, Files New Proxy Slate
EMPD sits 22% above its 52-week low of $2.484.
Summary
ATG Capital withdrew five board nominees and filed a new definitive proxy seeking election of four different candidates, reshaping the contested election at Empery Digital ahead of the October 14 annual meeting.
Key Events · Ownership and Investor Activity · EMPD
-
ATG Withdraws Five Board Nominees
On September 4, 2026, ATG Capital withdrew its nominations of Arati Batta, Ronald H. Davies, Christopher E. Novak, Evan Ratner and Heather A. Powers for election to the Board at the Annual Meeting.
-
New Proxy Slate Filed
ATG filed a definitive proxy statement on September 4, 2026, soliciting proxies for election of Gabriel D. Gliksberg, James C. Elbaor, Meredith S. Kirshenbaum and Aaron T. Morris to the Board.
-
JFSA Membership Changes
The withdrawn nominees are no longer parties to the Joint Filing and Solicitation Agreement (JFSA); the remaining nominees and Reporting Persons remain party to the JFSA.
-
Ownership Unchanged at 16.0%
ATG Fund continues to beneficially own 4,500,000 shares, representing approximately 16.0% of the 28,160,111 shares outstanding as of September 2, 2026.
Analysis · EMPD · Crypto Assets
Activist investor ATG Capital has withdrawn its original slate of five board nominees and filed a definitive proxy statement on September 4, 2026, seeking election of four different candidates — Gabriel D. Gliksberg, James C. Elbaor, Meredith S. Kirshenbaum and Aaron T. Morris. This is a significant shift in the contested election at Empery Digital, coming just weeks before the annual meeting scheduled for October 14, 2026. The withdrawn nominees are no longer parties to the Joint Filing and Solicitation Agreement, indicating a strategic recalibration by ATG. The proxy fight has already cost the company $22.5 million, and this new slate suggests ATG is consolidating its position around a smaller, potentially more focused group of candidates.
How filings like this one have moved
In the 30 days to Sep 9, 2026, 30% of the 1972 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, EMPD was trading at $3.03 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $85.3M. The 52-week trading range was $2.48 to $8.17. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.