Empery Digital ups credit facility, secures $50M repurchase agreement
Empery Digital has increased its committed borrowing facility from $25 million to $35 million and established a $50 million master repurchase agreement for funding within five business days.
The company plans to use the new funds to fully repay its borrowing facility without incurring prepayment penalties and to continue its share repurchase activities.
As of September 18, 2025, Empery Digital has repurchased 3.52 million shares at an average cost of $7.35, leaving approximately $74 million remaining in its $100 million share repurchase program.
Recommendation Rating: Positive Outlook for Empery Digital
Empery Digital (NASDAQ: EMPD) has expanded its committed borrowing facility, raising it from $25 million to $35 million. Additionally, the company has established a master repurchase agreement valued at $50 million, which carries a one-year duration and is anticipated to be funded within five business days. These funds will be allocated to fully repay the borrowing facility—incurring no prepayment penalties—and will also be utilized for share repurchase activities.
As of September 18, 2025, Empery Digital has successfully acquired 3.52 million shares at an average cost of $7.35 under its ongoing $100 million share repurchase initiative. Approximately $74 million is still available for further stock buybacks.
Source: Press release.