Empery Asset Management Lifts Stake to 15.76% with $4.1M in Open-Market Buys
EMPD is trading near its 52-week low of $2.484 (13% above the low) on light trading volume (0.2× avg).
Summary
Empery Asset Management disclosed open-market purchases of 1.4 million shares on August 12-13, raising its stake to 15.76% of Empery Digital.
Key Events · Ownership and Investor Activity · EMPD
-
Stake Increased to 15.76%
Empery Asset Management and Ryan M. Lane now beneficially own 4,430,345 shares, up from 3,030,345 shares, after buying 1.4 million shares on August 12-13.
-
Open-Market Purchases Total $4.1M
650,000 shares bought at $2.8211 on August 12 and 750,000 shares at $2.9845 on August 13, for a combined cost of approximately $4.1 million.
-
Position Built Ahead of Proxy Vote
The purchases follow a preliminary proxy statement revealing a contested election, with the board rejecting an activist slate; Empery's increased stake may influence the outcome.
-
Funds Sourced from Working Capital
The Empery Funds used working capital for their $31.3 million aggregate cost; Ryan Lane used $1 million of personal funds for his 100,000 shares.
Analysis · EMPD · Crypto Assets
The company's largest institutional holder, Empery Asset Management, bought 1.4 million shares over two days at prices between $2.65 and $3.10, raising its beneficial ownership to 15.76%. These purchases come amid a contested proxy battle and significant Bitcoin sales, suggesting the fund is consolidating its position ahead of the shareholder vote.
How filings like this one have moved
In the 30 days to Oct 29, 2026, 30.9% of the 1649 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 $2.80 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $78.7M. The 52-week trading range was $2.48 to $10.82. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.