{"id":1008799,"date":"2026-10-08T17:47:33","date_gmt":"2026-10-08T21:47:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\/"},"modified":"2026-10-08T17:47:33","modified_gmt":"2026-10-08T21:47:33","slug":"atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\/","title":{"rendered":"ATG Capital Announces that the Delaware Supreme Court has Affirmed the Chancery Court\u2019s Ruling in Empery Digital Appeal \u2013 Upholding Stockholder Franchise"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <strong>Delaware Supreme Court Affirms the Delaware Chancery Court\u2019s Ruling that ATG Capital\u2019s Nomination is Valid and Orders that the Judgment for ATG Capital Stands<\/strong>\n      <\/p>\n<p align=\"center\">\n        <strong>Ruling Permits ATG Capital\u2019s Nominees to Stand for Election at the Upcoming Annual Meeting<\/strong>\n      <\/p>\n<p align=\"center\">\n        <strong>Urges Stockholders to Make their Voices Heard and Vote \u201cFOR\u201d All Four ATG Capital Nominees on the Gold Proxy Card<\/strong>\n      <\/p>\n<p>MIAMI, Oct.  08, 2026  (GLOBE NEWSWIRE) &#8212; ATG Capital Management LP (\u201cATG Capital\u201d), together with certain of its affiliates, is the beneficial owner of 4,500,000 shares, or approximately 16%, of Empery Digital Inc. (Nasdaq: EMPD) (\u201cEmpery Digital\u201d or the \u201cCompany\u201d) and its largest non-affiliated stockholder, today announced that the Delaware Supreme Court (the \u201cDE Supreme Court\u201d) has affirmed the Delaware Chancery Court\u2019s August 28, 2026 ruling over the Company\u2019s appeal.<\/p>\n<p>The DE Supreme Court\u2019s ruling will permit ATG Capital\u2019s nominees to stand for election at the Company\u2019s Annual Meeting of Stockholders on October 14, 2026 (the \u201cAnnual Meeting\u201d). The ruling was issued one day after the parties gave oral argument before the DE Supreme Court and less than a week before the Annual Meeting.<\/p>\n<p align=\"justify\">Gabi Gliksberg, Founder and Managing Member of ATG Capital, issued the following statement:<\/p>\n<p align=\"justify\">\u201cThe Delaware Supreme Court\u2019s ruling is a vindication for stockholder rights. We are thrilled that the Delaware Supreme Court has affirmed the Delaware Chancery Court\u2019s decision. Today\u2019s ruling protects stockholder franchise and allows Empery Digital stockholders to have a choice in who represents them at next week\u2019s Annual Meeting. Stockholders would have been denied this choice by the incumbent board \u2013 which the Delaware Chancery Court found to have breached its fiduciary duties in rejecting our nomination notice \u2013 had ATG Capital not initiated litigation to protect all stockholders\u2019 rights in the face of rampant board entrenchment.<\/p>\n<p>We believe the board\u2019s track record, entrenchment actions and excessive spending to defend these actions, as well as the Delaware Chancery Court\u2019s and Delaware Supreme Court\u2019s decisions speak for themselves. Now ATG Capital has ensured that stockholders will have a choice and can make their voices heard at the Annual Meeting.\u201d\u00a0<\/p>\n<p>The Delaware Chancery Court&#8217;s Memorandum Opinion is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jrlWBWNCPx8cPqbBVDZWX758N7DQb30VIWs-bXPzDGJ628694S69DJSC5RyVrehx29ul4HgJHS_tuQn-8rAW8n2OjBnv50Vje9_uuMRqAoMDpJwecW0u5c7ZkgAsvldL\" rel=\"nofollow\" target=\"_blank\">link<\/a>.<\/p>\n<p>The Delaware Supreme Court\u2019s Order affirming the Delaware Chancery Court\u2019s judgment is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jrlWBWNCPx8cPqbBVDZWXyEAAqDH2oQY6nGAglWLM8r8ng6hpyin1H8uWKgtuP23Fr77wGJfp-Sw9qTKWjg4IT0JAGekiKHz8HVg1GuUf43Byg7lPtC4X9jtteDhwSqi\" rel=\"nofollow\" target=\"_blank\">link<\/a>.<\/p>\n<p>\n        <strong>Vote FOR ATG Capital\u2019s Four Nominees<\/strong>\n      <\/p>\n<p>\n        <strong>Vote FOR James C. Elbaor, Gabriel D. Gliksberg, Meredith S. Kirshenbaum and Aaron T. Morris <\/strong>to support a refreshed Board focused on maximizing value for ALL Empery stockholders.<\/p>\n<p>\n        <strong>Do NOT vote for Rohan Chauhan, Ryan Lane, Orn Olason or Ian Read.<\/strong>\n      <\/p>\n<p>All three leading independent proxy advisory firms \u2013 ISS, Glass Lewis and Egan-Jones \u2013 recommend that stockholders vote on ATG Capital\u2019s <strong><u>GOLD<\/u><\/strong> universal proxy card. Because the <strong><u>GOLD<\/u><\/strong> card includes all ATG Capital nominees and all of the Company\u2019s nominees, there is no need to use any other proxy card, regardless of how you intend to vote. Please vote the <strong><u>GOLD<\/u><\/strong> proxy card or <strong><u>GOLD<\/u><\/strong> voting instruction form today by internet, telephone or mail, following the instructions provided.<\/p>\n<p>If you have already voted on the Company\u2019s white proxy card or voting instruction form, you can still support change. Under the universal proxy rules, ATG Capital\u2019s nominees also appear on the Company\u2019s white card, and votes <strong>FOR<\/strong> them count on either card.<\/p>\n<p>But the best way to support all four ATG Capital nominees is to vote a later-dated <strong><u>GOLD<\/u><\/strong> proxy card, which will automatically revoke your earlier vote. If you vote on the white card instead, vote <strong>FOR<\/strong> James C. Elbaor, Gabriel D. Gliksberg, Meredith S. Kirshenbaum and Aaron T. Morris and <strong>WITHHOLD<\/strong> on Rohan Chauhan, Ryan Lane, Orn Olason and Ian Read. On either card, do not vote <strong>FOR<\/strong> more than nine nominees, or your votes on the election of directors will not be counted.<\/p>\n<p>If you have already voted the <strong><u>GOLD<\/u><\/strong> card, please do <strong>NOT<\/strong> return a white card. Only your latest-dated proxy counts, so returning the Company\u2019s white card \u2013 even one marked \u201cwithhold\u201d as a protest \u2013 will revoke the proxy you previously submitted to us.<\/p>\n<p>\n        <strong>Questions about how to vote?<\/strong> Contact Saratoga Proxy Consulting LLC at (212) 257-1311, (888) 368-0379 or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ABORsWxjQD6pF4vjvWDvrAApT7leMlHJ_lvdWqyZOUlwYBacRE_qY4291ZWSNPzZ7MnwzkgP3OIiPZNAy0eFLVzHlDJXbwNAubhsLC7lBb0=\" rel=\"nofollow\" target=\"_blank\">info@saratogaproxy.com<\/a><\/p>\n<p>\n        <strong>About ATG Capital Management LP<\/strong>\n      <\/p>\n<p>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<p align=\"justify\">\n        <strong>Media &amp; Investor Contact<\/strong>\n      <\/p>\n<p>Saratoga Proxy Consulting LLC<\/p>\n<p>John Ferguson, (212) 257-1311<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JyTGGPPKJtmqj5CWPPC0DFkePpZ_ziGVCcFKLF9FHB7oqXM63Q_sYsoShNambQ3BCc5t50kaXII7SZ53C_F0yzL8rpIrfAV1nTOptAWCOGcgBh7m0sAQkHm1HsnqObo_\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <u>jferguson@saratogaproxy.com<\/u><br \/>\n        <\/a>\n      <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg0MjUyOCM3ODg2OTQwIzIzMTAxNzE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ODMxOGM1YzAtMTM1Yy00YjE3LTlkMzgtMmM0YTkwYmYxY2U4LTEzMjE3MjEtMjAyNi0xMC0wOC1lbg==\/tiny\/ATG-Capital-Management-LP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Delaware Supreme Court Affirms the Delaware Chancery Court\u2019s Ruling that ATG Capital\u2019s Nomination is Valid and Orders that the Judgment for ATG Capital Stands Ruling Permits ATG Capital\u2019s Nominees to Stand for Election at the Upcoming Annual Meeting Urges Stockholders to Make their Voices Heard and Vote \u201cFOR\u201d All Four ATG Capital Nominees on the Gold Proxy Card MIAMI, Oct. 08, 2026 (GLOBE NEWSWIRE) &#8212; ATG Capital Management LP (\u201cATG Capital\u201d), together with certain of its affiliates, is the beneficial owner of 4,500,000 shares, or approximately 16%, of Empery Digital Inc. (Nasdaq: EMPD) (\u201cEmpery Digital\u201d or the \u201cCompany\u201d) and its largest non-affiliated stockholder, today announced that the Delaware Supreme Court (the \u201cDE Supreme Court\u201d) has affirmed the Delaware Chancery Court\u2019s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ATG Capital Announces that the Delaware Supreme Court has Affirmed the Chancery Court\u2019s Ruling in Empery Digital Appeal \u2013 Upholding Stockholder Franchise&#8221;<\/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-1008799","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ATG Capital Announces that the Delaware Supreme Court has Affirmed the Chancery Court\u2019s Ruling in Empery Digital Appeal \u2013 Upholding Stockholder Franchise - 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-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ATG Capital Announces that the Delaware Supreme Court has Affirmed the Chancery Court\u2019s Ruling in Empery Digital Appeal \u2013 Upholding Stockholder Franchise - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Delaware Supreme Court Affirms the Delaware Chancery Court\u2019s Ruling that ATG Capital\u2019s Nomination is Valid and Orders that the Judgment for ATG Capital Stands Ruling Permits ATG Capital\u2019s Nominees to Stand for Election at the Upcoming Annual Meeting Urges Stockholders to Make their Voices Heard and Vote \u201cFOR\u201d All Four ATG Capital Nominees on the Gold Proxy Card MIAMI, Oct. 08, 2026 (GLOBE NEWSWIRE) &#8212; ATG Capital Management LP (\u201cATG Capital\u201d), together with certain of its affiliates, is the beneficial owner of 4,500,000 shares, or approximately 16%, of Empery Digital Inc. (Nasdaq: EMPD) (\u201cEmpery Digital\u201d or the \u201cCompany\u201d) and its largest non-affiliated stockholder, today announced that the Delaware Supreme Court (the \u201cDE Supreme Court\u201d) has affirmed the Delaware Chancery Court\u2019s &hellip; Continue reading &quot;ATG Capital Announces that the Delaware Supreme Court has Affirmed the Chancery Court\u2019s Ruling in Empery Digital Appeal \u2013 Upholding Stockholder Franchise&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-08T21:47:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg0MjUyOCM3ODg2OTQwIzIzMTAxNzE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ATG Capital Announces that the Delaware Supreme Court has Affirmed the Chancery Court\u2019s Ruling in Empery Digital Appeal \u2013 Upholding Stockholder Franchise\",\"datePublished\":\"2026-10-08T21:47:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\\\/\"},\"wordCount\":774,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTg0MjUyOCM3ODg2OTQwIzIzMTAxNzE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\\\/\",\"name\":\"ATG Capital Announces that the Delaware Supreme Court has Affirmed the Chancery Court\u2019s Ruling in Empery Digital Appeal \u2013 Upholding Stockholder Franchise - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\/","og_locale":"en_US","og_type":"article","og_title":"ATG Capital Announces that the Delaware Supreme Court has Affirmed the Chancery Court\u2019s Ruling in Empery Digital Appeal \u2013 Upholding Stockholder Franchise - Market Newsdesk","og_description":"Delaware Supreme Court Affirms the Delaware Chancery Court\u2019s Ruling that ATG Capital\u2019s Nomination is Valid and Orders that the Judgment for ATG Capital Stands Ruling Permits ATG Capital\u2019s Nominees to Stand for Election at the Upcoming Annual Meeting Urges Stockholders to Make their Voices Heard and Vote \u201cFOR\u201d All Four ATG Capital Nominees on the Gold Proxy Card MIAMI, Oct. 08, 2026 (GLOBE NEWSWIRE) &#8212; ATG Capital Management LP (\u201cATG Capital\u201d), together with certain of its affiliates, is the beneficial owner of 4,500,000 shares, or approximately 16%, of Empery Digital Inc. (Nasdaq: EMPD) (\u201cEmpery Digital\u201d or the \u201cCompany\u201d) and its largest non-affiliated stockholder, today announced that the Delaware Supreme Court (the \u201cDE Supreme Court\u201d) has affirmed the Delaware Chancery Court\u2019s &hellip; Continue reading \"ATG Capital Announces that the Delaware Supreme Court has Affirmed the Chancery Court\u2019s Ruling in Empery Digital Appeal \u2013 Upholding Stockholder Franchise\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\/","og_site_name":"Market Newsdesk","article_published_time":"2026-10-08T21:47:33+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg0MjUyOCM3ODg2OTQwIzIzMTAxNzE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ATG Capital Announces that the Delaware Supreme Court has Affirmed the Chancery Court\u2019s Ruling in Empery Digital Appeal \u2013 Upholding Stockholder Franchise","datePublished":"2026-10-08T21:47:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\/"},"wordCount":774,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTg0MjUyOCM3ODg2OTQwIzIzMTAxNzE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/atg-capital-announces-that-the-delaware-supreme-court-has-affirmed-the-chancery-courts-ruling-in-empery-digital-appeal-upholding-stockholder-franchise\/","name":"ATG Capital Announces that the Delaware Supreme Court has Affirmed the Chancery Court\u2019s Ruling in Empery Digital Appeal \u2013 Upholding Stockholder Franchise - 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