Corporate ActionJul 6, 2026, 04:07 PM
Empery Digital Terminates Shareholder Rights Plan
AI Summary
Empery Digital Inc. announced the termination of its shareholder rights plan, accelerating its expiration date from February 2, 2027, to July 6, 2026. The Board of Directors determined that maintaining the plan was no longer necessary and in the best interests of all stockholders. As a result, the Rights Agreement has terminated, and all associated preferred share purchase rights have expired, with no Preferred Shares having been issued. The company will file a Certificate of Elimination to formally remove the Series A Preferred Stock.
Key Highlights
- Empery Digital Inc. terminated its shareholder rights plan.
- Expiration date of the rights plan accelerated from February 2, 2027, to July 6, 2026.
- The Rights Agreement with Computershare Trust Company, N.A. terminated on July 6, 2026.
- All preferred share purchase rights distributed to common stockholders expired.
- No Preferred Shares were issued and outstanding at the time of the amendment.
- Company will file a Certificate of Elimination for Series A Preferred Stock.
- Board determined maintaining the rights plan was no longer necessary for shareholder best interests.
Price Impact
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