{"id":1004342,"date":"2026-09-17T16:02:29","date_gmt":"2026-09-17T20:02:29","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-releases-investor-presentation-on-empery-digital-and-the-need-for-targeted-boardroom-change-at-the-company\/"},"modified":"2026-09-17T16:02:29","modified_gmt":"2026-09-17T20:02:29","slug":"atg-capital-releases-investor-presentation-on-empery-digital-and-the-need-for-targeted-boardroom-change-at-the-company","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-releases-investor-presentation-on-empery-digital-and-the-need-for-targeted-boardroom-change-at-the-company\/","title":{"rendered":"ATG Capital Releases Investor Presentation on Empery Digital and the Need for Targeted Boardroom Change at the Company"},"content":{"rendered":"
\n

\n Sets the Record Straight Regarding Misrepresentations Included in Empery Digital\u2019s Recent Communications<\/em>\n <\/p>\n

\n Urges Stockholders to Vote \u201cFOR\u201d All Four of its Nominees at the Annual Meeting<\/em>\n <\/p>\n

MIAMI, Sept. 17, 2026 (GLOBE NEWSWIRE) — ATG Capital Management LP (\u201cATG Capital\u201d), together with certain of its affiliates, is the beneficial owner of 4,500,000 shares of Empery Digital Inc. (Nasdaq: EMPD) (\u201cEmpery Digital\u201d or the \u201cCompany\u201d) and its largest non-affiliated stockholder, has released a detailed investor presentation (the \u201cPresentation\u201d) in connection with the Company\u2019s upcoming Annual Meeting of Stockholders to elect members of the Company\u2019s board of directors (the \u201cBoard\u201d) on October 14, 2026 (the \u201cAnnual Meeting\u201d).<\/p>\n

The full Presentation can be found at link<\/a>.<\/p>\n

ATG Capital also wishes to correct several false and misleading statements in the Company\u2019s recent communications.<\/p>\n

The Delaware Chancery Court (the \u201cCourt\u201d) found that ATG Capital complied with the Company\u2019s Bylaws (the \u201cBylaws\u201d). The Court held that “Empery had no advance notice bylaw provision <\/strong>requiring disclosure of the information the board” claimed was missing, and that Tice Brown was\u00a0NOT<\/u><\/em><\/strong> a participant in ATG Capital\u2019s solicitation.<\/p>\n

The Court further found that the Board\u2019s rejection was baseless. The Court stated: \u201cThe contractual violations asserted in the Rejection Letter did not exist<\/strong>.\u201d1<\/sup>\u00a0\u00a0<\/p>\n

The Court also held that the Board breached its fiduciary duties in rejecting ATG Capital\u2019s nomination notice (“ATG Capital’s Nomination Notice”). The Court did so for good reason: the Board\u2019s actions were \u201cpreclusive<\/strong>,\u201d and \u201cassured the incumbents faced an uncontested election<\/strong>.\u201d2<\/sup> This was by design \u2013 transcripts of the Board meetings that came to light during the litigation specifically state that the Board acted to preserve \u201ccontrol<\/strong>\u201d and to take all such actions that are \u201cnecessary in order for the board to remain in its position<\/strong>.\u201d3<\/sup><\/p>\n

It was the Board that forced litigation, wasting in excess of $20MM of stockholders\u2019 money \u2013 the overwhelming amount of which went to Lane\u2019s brother-in-law\u2019s law firm, a related party transaction that did not have the prior approval of the Audit Committee. The primary purpose of these costs does not appear to be for stockholders\u2019 benefit but for the directors entrenching themselves and preventing stockholders from having a choice at the ballot.\u00a0\u00a0 The Board did so intentionally: Lane pushed the Board to reject ATG Capital\u2019s Nomination Notice, in the hopes that ATG Capital would \u201cgo away<\/strong>\u201d and be \u201cgone<\/strong>\u201d4<\/sup> because challenging the rejection would force ATG Capital to \u201cspend<\/strong>\u201d significant sums to \u201cgo through this battle<\/strong>.\u201d5<\/sup>\u00a0\u00a0 At the March 26 meeting, Lane admitted that they \u201cthrew the kitchen sink<\/strong>\u201d into the rejection letter to see what sticks.6<\/sup><\/p>\n

The transcripts of the Board meetings also make clear that Lane and the Board did not truly believe that ATG Capital and Mr. Brown were acting together or had formed a group. Lane specifically acknowledged in the March 16 meeting that \u201cthis Gabby [sic] guy\u2026 [is] saying things that are completely contradictory to basically what Tice, the other activist, has said.\u201d7<\/sup> To make the record absolutely clear: ATG Capital and Mr.\u00a0Brown are not and have never been in a group, and have never had any agreements with respect to Empery Digital<\/strong>. Messrs. Gliksberg and Brown\u2019s trial testimony was unequivocal. As Mr. Brown testified \u201cI\u2019ve never had any agreement with ATG [Capital or] Gabi<\/strong>.\u201d8<\/sup> ATG Capital and Mr. Brown\u2019s lack of group activity is made crystal clear by the fact that they submitted separate <\/strong>competing<\/u><\/strong> slates of director candidates<\/strong> and would have been in opposing proxy solicitations<\/strong> had the Company not rejected Mr. Brown\u2019s nomination.<\/p>\n

Finally, the Company\u2019s recent claim \u2013 that at \u201cthe outset of the dispute with ATG [Capital,] the Company\u2026 offer[ed] one ATG [Capital] nominee a seat on the Company\u2019s Board\u201d and \u201cATG refused that offer\u201d \u2013 is patently false. ATG Capital was\u00a0never<\/u><\/strong> offered Board representation. Both the Company\u2019s and ATG Capital\u2019s definitive proxy statements include substantially identical disclosure concerning the resolution of their discussions on February 12, 2026 \u2013 specifically that \u201ccounsel to the Company conveyed that the Board did not believe changes to the Board\u2019s composition were warranted.\u201d<\/strong>9<\/sup> Not only was no seat ever offered, but as uncovered during the trial proceedings, Lane did not even inform the Board of ATG Capital\u2019s settlement outreach. <\/strong>Instead, Lane acted unilaterally to terminate discussions<\/strong>. When ATG Capital later submitted its nomination notice, he told the Board that the Company should \u201c[r]eject their nominations in a letter, and, see where it goes<\/strong>.\u201d10<\/sup> The Board, which never received or asked to review ATG Capital\u2019s Nomination Notice, accepted Lane\u2019s recommendation without any independent review.<\/p>\n

The record is clear and uncontroverted: ATG Capital submitted its Nomination Notice on February 26, 2026. It then received NO<\/u><\/strong> communication from the Company until one month later, on March 26, 2026, when the Company \u2013 at Lane\u2019s direction \u2013 delivered the rejection letter, the goal of which was, as noted above, to make ATG Capital \u201cgo away<\/strong>\u201d and be \u201cgone<\/strong>.\u201d11<\/sup> Despite the blatant fabrication, we appreciate the Company\u2019s stated willingness to seek a resolution. ATG Capital stands ready to actually and constructively engage with the Company for a potential resolution for the benefit of all stockholders.<\/p>\n

\n
\n Next Steps<\/em>
\n <\/strong>\n <\/p>\n

The Court held that the Board improperly substituted its view over stockholders\u2019 in an attempt to ensure that the incumbents would face an uncontested election.\u00a0 Rather than accepting responsibility for their actions after the Court\u2019s decision, the Board sought an immediate appeal in a further attempt to disenfranchise stockholders, which the Court denied on September 15.12<\/sup> Stockholders will get the choice they are entitled to, and they will make that choice on October 14.<\/p>\n

\n ATG Capital urges stockholders to review the Presentation and ATG Capital\u2019s proxy statement, which set out ATG Capital\u2019s complete views in detail.<\/strong>\n <\/p>\n

\n Vote FOR ATG Capital’s Four Nominees<\/strong>\n <\/p>\n

\n Vote FOR James C. Elbaor, Gabriel D. Gliksberg, Meredith S. Kirshenbaum and Aaron T. Morris on the GOLD proxy card today<\/strong> to support a refreshed Board focused on maximizing value for ALL Empery stockholders.<\/p>\n

\n Do NOT vote for Rohan Chauhan, Ryan Lane, Orn Olason or Ian Read.<\/strong>\n <\/p>\n

\n Questions about how to vote?<\/strong> Contact Saratoga Proxy Consulting LLC at (888) 368-0379 or info@saratogaproxy.com<\/u><\/a>.<\/p>\n

\n About ATG Capital Management LP<\/strong>\n <\/p>\n

ATG Capital Management LP is a privately-held investment firm that manages investment vehicles for select accredited investors. ATG Capital invests primarily in public equity markets, utilizing alternative strategies including direct and constructive engagement, in pursuit of providing superior investment returns.<\/p>\n

\n Media & Investor Contact<\/strong>\n <\/p>\n

Saratoga Proxy Consulting LLC
John Ferguson, (212) 257-1311
jferguson@saratogaproxy.com<\/u><\/a><\/p>\n

___________________
1<\/sup>ATG Capital Opportunities Fund LP v. Lane, et al.,<\/em> C.A. No. 2026-0349-LWW (Del. Ch. Aug. 28, 2026) (Will, V.C.) (Memorandum Opinion).
2<\/sup>Id.<\/em>
3<\/sup>ATG Capital Opportunities Fund LP v. Lane, et al.,<\/em> (Will, V.C.) (Trial Joint Exhibit 416 (March 16, 2026 Board Transcript)).
4<\/sup>Id.<\/em>
5<\/sup>ATG Capital Opportunities Fund LP v. Lane, et al.,<\/em> (Will, V.C.) (Trial Joint Exhibit 495 (March 26, 2026 Board Transcript)).
6<\/sup>Id.<\/em>
7<\/sup>ATG Capital Opportunities Fund LP v. Lane, et al<\/em>.,<\/em> (Will, V.C.) (Trial Joint Exhibit 416 (March 16, 2026 Board Minutes)).
8<\/sup>ATG Capital Opportunities Fund LP v. Lane, et al.,<\/em> (Will, V.C.) (Trial Transcript, Trial Vol. I).
9<\/sup> Empery Digital DEFC14A (filed Sept. 3, 2026) \u2014
sec.gov\/Archives\/edgar\/data\/1829794\/000168316826006915\/empery_defc14a.htm; ATG Fund DEFC14A (filed Sept. 4, 2026) \u2014 sec.gov\/Archives\/edgar\/data\/1829794\/000092189526002480\/defc14a13914005_09042026.htm.
10<\/sup>ATG Capital Opportunities Fund LP v. Lane, et al.,<\/em> (Will, V.C.) (Trial Joint Exhibit 416 (March 16, 2026 Board Minutes)).
11<\/sup>Id.<\/em>
12<\/sup>ATG Capital Opportunities Fund LP v. Lane, et al.,<\/em> (Will, V.C.) (Letter Opinion Resolving Application for Interlocutory Review).<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Sets the Record Straight Regarding Misrepresentations Included in Empery Digital\u2019s Recent Communications Urges Stockholders to Vote \u201cFOR\u201d All Four of its Nominees at the Annual Meeting MIAMI, Sept. 17, 2026 (GLOBE NEWSWIRE) — ATG Capital Management LP (\u201cATG Capital\u201d), together with certain of its affiliates, is the beneficial owner of 4,500,000 shares of Empery Digital Inc. (Nasdaq: EMPD) (\u201cEmpery Digital\u201d or the \u201cCompany\u201d) and its largest non-affiliated stockholder, has released a detailed investor presentation (the \u201cPresentation\u201d) in connection with the Company\u2019s upcoming Annual Meeting of Stockholders to elect members of the Company\u2019s board of directors (the \u201cBoard\u201d) on October 14, 2026 (the \u201cAnnual Meeting\u201d). The full Presentation can be found at link. ATG Capital also wishes to correct several false … <\/p>\n

Continue reading “ATG Capital Releases Investor Presentation on Empery Digital and the Need for Targeted Boardroom Change at the Company”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1004342","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nATG Capital Releases Investor Presentation on Empery Digital and the Need for Targeted Boardroom Change at the Company - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-releases-investor-presentation-on-empery-digital-and-the-need-for-targeted-boardroom-change-at-the-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ATG Capital Releases Investor Presentation on Empery Digital and the Need for Targeted Boardroom Change at the Company - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sets the Record Straight Regarding Misrepresentations Included in Empery Digital\u2019s Recent Communications Urges Stockholders to Vote \u201cFOR\u201d All Four of its Nominees at the Annual Meeting MIAMI, Sept. 17, 2026 (GLOBE NEWSWIRE) — ATG Capital Management LP (\u201cATG Capital\u201d), together with certain of its affiliates, is the beneficial owner of 4,500,000 shares of Empery Digital Inc. (Nasdaq: EMPD) (\u201cEmpery Digital\u201d or the \u201cCompany\u201d) and its largest non-affiliated stockholder, has released a detailed investor presentation (the \u201cPresentation\u201d) in connection with the Company\u2019s upcoming Annual Meeting of Stockholders to elect members of the Company\u2019s board of directors (the \u201cBoard\u201d) on October 14, 2026 (the \u201cAnnual Meeting\u201d). The full Presentation can be found at link. 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(Nasdaq: EMPD) (\u201cEmpery Digital\u201d or the \u201cCompany\u201d) and its largest non-affiliated stockholder, has released a detailed investor presentation (the \u201cPresentation\u201d) in connection with the Company\u2019s upcoming Annual Meeting of Stockholders to elect members of the Company\u2019s board of directors (the \u201cBoard\u201d) on October 14, 2026 (the \u201cAnnual Meeting\u201d). The full Presentation can be found at link. ATG Capital also wishes to correct several false … Continue reading \"ATG Capital Releases Investor Presentation on Empery Digital and the Need for Targeted Boardroom Change at the Company\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-releases-investor-presentation-on-empery-digital-and-the-need-for-targeted-boardroom-change-at-the-company\/","og_site_name":"Market Newsdesk","article_published_time":"2026-09-17T20:02:29+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyOTIxNyM3ODM5ODYwIzIzMTAxNzE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-releases-investor-presentation-on-empery-digital-and-the-need-for-targeted-boardroom-change-at-the-company\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-releases-investor-presentation-on-empery-digital-and-the-need-for-targeted-boardroom-change-at-the-company\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ATG Capital Releases Investor Presentation on Empery Digital and the Need for Targeted Boardroom Change at the Company","datePublished":"2026-09-17T20:02:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-releases-investor-presentation-on-empery-digital-and-the-need-for-targeted-boardroom-change-at-the-company\/"},"wordCount":1263,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-releases-investor-presentation-on-empery-digital-and-the-need-for-targeted-boardroom-change-at-the-company\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyOTIxNyM3ODM5ODYwIzIzMTAxNzE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-releases-investor-presentation-on-empery-digital-and-the-need-for-targeted-boardroom-change-at-the-company\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-releases-investor-presentation-on-empery-digital-and-the-need-for-targeted-boardroom-change-at-the-company\/","name":"ATG Capital Releases Investor Presentation on Empery Digital and the Need for Targeted Boardroom Change at the Company - 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