Highbridge Capital Management Establishes 9.9% Stake in Empery Digital Inc. via Warrants

Highbridge Capital Management, LLC has filed a Schedule 13G indicating a new 9.9% ownership stake in Empery Digital Inc. (EMPD) as of March 31, 2026. The reporting person disclosed beneficial ownership of 9,485,652 shares of common stock. This position includes 6,618,016 shares issuable upon the exercise of warrants held by various Highbridge Funds. Notably, the reported ownership percentage is capped at 9.9% due to a contractual '9.99% Blocker' provision within the warrant agreements, which prevents the filer from exercising warrants if it would result in exceeding that threshold of outstanding common stock. Highbridge Capital Management serves as the investment adviser to the Highbridge Funds, including the Highbridge Tactical Credit Master Fund, L.P., which holds a significant portion of the reported interest. The filing was made under Rule 13d-1(b), certifying that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer.