Empery Digital Inc. pushed back against claims made by shareholder Tice P. Brown, saying he misrepresented events surrounding the company’s stock repurchase program. The company said Brown never spoke with the broker executing the buyback, but instead communicated with his prime broker, which then approached Empery Digital about a potential sale of his shares. Empery Digital added that Brown initially sought a significant premium to net asset value and that management tried to reach an agreement it believed would benefit all shareholders before Brown ended discussions. Co-CEO Ryan Lane said the company will focus on increasing shareholder value and does not plan to respond further to Brown’s statements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Empery Digital Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602240830BIZWIRE_USPR_____20260224_BW010096) on February 24, 2026, and is solely responsible for the information contained therein.