{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-22-008060","form_type":"8-K","ticker":"UPXI","cik":"0001775194","company_name":"UPEXI, INC.","filed_at":"2022-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.072106+00:00","generated_at":"2026-06-22T19:00:27.457993+00:00","sec_items":["1.01","2.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Upexi sells select CBD assets for $23.5M; reiterates FY2023 revenue guidance $72-82M","bullets":["Sold 100% of Infusionz LLC to Bloomios for ~$23.5M in cash, convertible note, preferred stock, debenture, and warrants.","Received $5.5M cash at closing, plus $9.5M loan receivables and $8.5M in Bloomios preferred equity.","Reiterated FY2023 revenue guidance of $72-82M; expects to issue capital plan update by Nov 14, 2022.","Obtained $3M, 10-year mortgage at 4.8% on Florida HQ to reduce short-term acquisition loans.","Sold CBD assets originally acquired for ~$6.3M, reflecting value growth via partnerships and organic growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-22-008060","json":"https://secwatch.observer/filing/0001477932-22-008060.json","markdown":"https://secwatch.observer/filing/0001477932-22-008060.md","text":"https://secwatch.observer/filing/0001477932-22-008060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1775194/000147793222008060/0001477932-22-008060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1775194/000147793222008060/upxi_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T19:00:27.457993+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"423d16a2c8f96e28361ac201d715504b103c6242","claim":"UPEXI, INC. completed a disposition involving Bloomios, Inc. and its wholly owned subsidiary Infused Confections LLC for Twenty-Three Million Five Hundred Thousand Dollars ($23,500,000) (closed 2022-10-26).","evidence_excerpt":"to the Buyers (the “Transaction”). The base consideration paid by the Sellers to the Company in the transaction totals Twenty-Three Million Five Hundred Thousand Dollars ($23,500,000), subject to adjustment, and consists of: (i) Five Million Five Hundred Thousand Dollars ($5,500,000) paid at closing; (ii) a convertible secured subordinated promissory note","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1775194/000147793222008060/0001477932-22-008060-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Bloomios, Inc. and its wholly owned subsidiary Infused Confections LLC"},{"label":"Consideration","value":"Twenty-Three Million Five Hundred Thousand Dollars ($23,500,000)"},{"label":"Closing","value":"2022-10-26"}],"fact_type":"ma_transaction"},{"claim_id":"b185f226cf72178644e9c83d45170fdb016ce63d","claim":"UPEXI, INC. entered into Membership Interest Purchase Agreement with Bloomios, Inc. and its wholly owned subsidiary Infused Confections LLC valued at Twenty-Three Million Five Hundred Thousand Dollars ($23,500,000) (effective 2022-10-26).","evidence_excerpt":"On October 26, 2022, Upexi, Inc. (the “Company”) entered into a Membership Interest Purchase Agreement (the “MIPA”) with Bloomios, Inc., a Nevada corporation (“Bloomios”), and its wholly owned subsidiary Infused Confections LLC, a Wyoming limited liability company (together with Bloomios, the “Buyers”), pursuant to which the Company sold 100% of the membership interests of Infusionz LLC, a Colorado limited liability company (“Infusionz”) to the Buyers (the “Transaction”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1775194/000147793222008060/0001477932-22-008060-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Bloomios, Inc. and its wholly owned subsidiary Infused Confections LLC"},{"label":"Value","value":"Twenty-Three Million Five Hundred Thousand Dollars ($23,500,000)"},{"label":"Effective","value":"2022-10-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}