ATG Capital Escalates Proxy Fight Against Empery Digital Over Fiduciary Breach

Key Facts

1ATG Capital released a rebuttal presentation and stockholder letter criticizing Empery Digital's board for misleading statements and breaching fiduciary duties.

2ATG Capital holds over 16% of Empery Digital shares and urges stockholders to vote for its four director nominees.

ATG Capital released a rebuttal presentation and stockholder letter criticizing Empery Digital's board for misleading statements and breaching fiduciary duties. The Manila Times reported that ATG Capital, which holds over 16% of the company's shares, is urging stockholders to vote for its four independent director nominees at the upcoming annual meeting on October 14, 2026.

EMPD closed at $2.89 on September 25, 2026, as ATG Capital seeks to address a significant discount between the share price and net asset value. The firm highlighted a 71% decline in the stock price from August 2025 through September 2026, compared to a 35% drop in Bitcoin, alleging that the current board is responsible for shareholder losses and inconsistent strategic shifts.