# EDGAR Filing Document

**Accession Number:** 0001469336
**File Stem:** 0000902664-26-000038
**Filing Date:** 2026-1
**Character Count:** 12925
**Document Hash:** ae55177ca229c7ceb0ac29dca01239e4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000902664-26-000038.hdr.sgml**: 20260105

**ACCESSION NUMBER**: 0000902664-26-000038

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260105

**DATE AS OF CHANGE**: 20260105

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Empery Digital Inc.
- **CENTRAL INDEX KEY:** 0001829794
- **STANDARD INDUSTRIAL CLASSIFICATION:** MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 844882689
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93076
- **FILM NUMBER:** 26508997

**BUSINESS ADDRESS:**
- **STREET 1:** 3121 EAGLES NEST, SUITE 120
- **CITY:** ROUND ROCK
- **STATE:** TX
- **ZIP:** 78665
- **BUSINESS PHONE:** 512-400-4271

**MAIL ADDRESS:**
- **STREET 1:** 3121 EAGLES NEST, SUITE 120
- **CITY:** ROUND ROCK
- **STATE:** TX
- **ZIP:** 78665

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Empery Digital, Inc.
- **DATE OF NAME CHANGE:** 20250731

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Volcon, Inc.
- **DATE OF NAME CHANGE:** 20201023
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Empery Asset Management, LP
- **CENTRAL INDEX KEY:** 0001469336

**ORGANIZATION NAME:**
- **EIN:** 262107121
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1 ROCKEFELLER PLAZA, SUITE 1205
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10020
- **BUSINESS PHONE:** 212-608-3300

**MAIL ADDRESS:**
- **STREET 1:** 1 ROCKEFELLER PLAZA, SUITE 1205
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10020

## Ex-99

**<u>SCHEDULE 1</u>**

**Transactions in the Shares of Common Stock of the Company by the Reporting Persons Since the Filing of Amendment No. 1**

The following table sets forth all transactions in the shares of Common Stock reported herein effected since the filing of Amendment No. 1 by the Reporting Persons. Except as noted below, all such transactions were effected by the Reporting Persons in the open market through brokers and the price per share excludes commissions. Where a price range is provided in the column titled "Price Range ($)", the price reported in the column titled "Price Per Share ($)" is a weighted average price. These shares of Common Stock were sold or purchased in multiple transactions at prices between the price ranges indicated in the column titled "Price Range ($)". The Reporting Persons will undertake to provide to the staff of the SEC, upon request, full information regarding the shares of Common Stock sold or purchased at each separate price.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Trade Date** | &nbsp;&nbsp;**Shares Purchased (Sold)** | &nbsp;&nbsp;**Price Per Share ($)** | &nbsp;&nbsp;**Price Range ($)** |
| &nbsp;&nbsp;12/11/2025 | &nbsp;&nbsp;62956 | &nbsp;&nbsp;4.7813 | &nbsp;&nbsp;4.6680 – 4.8300 |
| &nbsp;&nbsp;12/12/2025 | &nbsp;&nbsp;92341 | &nbsp;&nbsp;4.7277 | &nbsp;&nbsp;4.6400 – 4.9600 |
| &nbsp;&nbsp;12/15/2025 | &nbsp;&nbsp;98454 | &nbsp;&nbsp;4.3147 | &nbsp;&nbsp;4.1900 – 4.7800 |

---

## Exhibit 99.2

**<u>SCHEDULE 2</u>**

**General Partners, Control Persons, Directors and Executive Officers of Certain Reporting Persons**

The following sets forth the name, position, address, principal occupation and citizenship of each general partner, control person, director and/or executive officer of the applicable Reporting Persons (the "Instruction C Persons"). To the best of the Reporting Persons' knowledge, (i) none of the Instruction C Persons during the last five years has been convicted in a criminal proceeding (excluding traffic violations or other similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws and (ii) none of the Instruction C Persons owns any shares of Common Stock or is party to any contract or agreement as would require disclosure in this Schedule 13D, except to the extent such Instruction C Person is a Reporting Person in which case such Instruction C Person's beneficial ownership is as set forth in Item 5 of the Schedule 13D.

Reporting Person: Empery Asset Management, LP

Empery AM GP, LLC serves as the general partner of the Investment Manager. The address of Empery AM GP, LLC is 1 Rockefeller Plaza, Suite 1205, New York, New York 10020. The principal business of Empery AM GP, LLC is to serve as the general partner of the Investment Manager. Empery AM GP, LLC is a limited liability company organized under the laws of the State of Delaware.

RML GP Owner, LLC is the managing member of Empery AM GP, LLC. The address of RML GP Owner, LLC is 1 Rockefeller Plaza, Suite 1205, New York, New York 10020. The principal business of RML GP Owner, LLC is to serve as the managing member of Empery AM GP, LLC. RML GP Owner, LLC is a limited liability company organized under the laws of the State of Delaware.

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 2)**

**Empery Digital Inc.**

*(Name of Issuer)*

**Common Stock, $0.00001 par value per share**

*(Title of Class of Securities)*

**92864V608**

*(CUSIP Number)*

**Ele Klein & Adriana Schwartz**<br>McDermott Will & Schulte LLP<br>919 Third Avenue<br>New York NY 10022<br>212-756-2000

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**01/01/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **92864V608** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**EMPERY ASSET MANAGEMENT, LP** | Name of reporting person<br>**EMPERY ASSET MANAGEMENT, LP** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**2930345.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**2930345.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**2930345.00** | Aggregate amount beneficially owned by each reporting person<br>**2930345.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**8.67%** | Percent of class represented by amount in Row (11)<br>**8.67%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IA** | Type of Reporting Person (See Instructions)<br>**IA** | |

---

| **CUSIP No.** | **92864V608** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**RYAN M. LANE** | Name of reporting person<br>**RYAN M. LANE** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**100000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**2930345.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**100000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**2930345.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3030345.00** | Aggregate amount beneficially owned by each reporting person<br>**3030345.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**8.97%** | Percent of class represented by amount in Row (11)<br>**8.97%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, $0.00001 par value per share

**(b) Name of Issuer:**
Empery Digital Inc.

**(c) Address of Issuer's Principal Executive Offices:**
3121 EAGLES NEST, SUITE 120, ROUND ROCK, TX, 78665

The following constitutes Amendment No. 2 ("Amendment No. 2") to the Schedule 13D filed with the Securities and Exchange Commission (the "SEC") on July 24, 2025 (as amended, the "Schedule 13D"), with respect to the shares of common stock, par value $0.00001 per share (the "Common Stock"), of Empery Digital Inc. (f/k/a "Volcon, Inc.") (the "Company"). This Amendment No. 2 amends and restates Items 2(a), (c) and (f), 3 and 5(a)-(c). Capitalized terms used herein and not otherwise defined in this Amendment No. 2 have the meanings set forth in the Schedule 13D. This Amendment No. 2 is being filed to report that, as of January 1, 2026, Martin D. Hoe is no longer deemed to be a beneficial owner of the shares of Common Stock (as defined below) reported herein and, as a result, is no longer a Reporting Person on the Schedule 13D.

**Item 5. Interest in Securities of the Issuer**

**(a)**
See rows (11) and (13) of the cover page to this Schedule 13D for the aggregate number of shares of Common Stock and percentage of shares of Common Stock beneficially owned by the Reporting Persons.  The aggregate percentage of shares of Common Stock reported beneficially owned by the Reporting Persons is based upon 33,800,951 shares of Common Stock outstanding as of December 5, 2025, which is the difference obtained by subtracting (i) 3,913,538 pre-funded warrants reported as potentially exercisable in the press release issued by the Company on December 8, 2025 (the "Press Release"), from (i) the 37,714,489 shares of Common Stock outstanding as of December 5, 2025, as disclosed in the Press Release.

**(b)**
See rows (7) through (10) of the cover page to this Schedule 13D for the shares of Common Stock as to which the Reporting Persons have the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition.

**(c)**
The transactions in the shares of Common Stock effected by the Reporting Persons since the filing of Amendment No. 1, which were all in the open market, are set forth on Schedule 1 attached hereto and incorporated by reference herein.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** EMPERY ASSET MANAGEMENT, LP

**Signature:** /s/ Ryan M. Lane, Managing Member

**Name/Title:** By: EMPERY AM GP, LLC, its General Partner, By: RML GP Owner, LLC

**Date:** 01/05/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** RYAN M. LANE

**Signature:** /s/ Ryan M. Lane

**Name/Title:** RYAN M. LANE

**Date:** 01/05/2026