Tice P. Brown, a 9.8% shareholder of Empery Digital Inc (NASDAQ: EMPD), has called for the immediate resignation of CEO Ryan Lane and the replacement of the entire board of directors. Brown also demands the company sell all its Bitcoin holdings and return the proceeds to shareholders. Brown accuses the management of proposing a buyback of his shares at 100% of mNAV and signing a standstill agreement, which he rejected. He claims this move misuses shareholder funds and violates the principle of buying back shares below net asset value, aiming to secure Lane's permanent position. Brown further alleges that minority shareholders have been forced to sell shares at significant discounts while management obstructs capital access and continues to draw salaries and fees.