{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-23-001235","form_type":"8-K","ticker":"UPXI","cik":"0001775194","company_name":"UPEXI, INC.","filed_at":"2023-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.492977+00:00","generated_at":"2026-06-19T00:53:04.280375+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Upexi issues $2.71M in promissory notes to accredited investors","bullets":["Issued $2,150,000 Note A with 134,000 PIK shares and $560,000 Note B at 10% interest.","Both notes mature November 22, 2024; Note A principal payments start Dec 2023, Note B interest-only for 9 months.","Note A convertible into common stock at $5.00 per share; both notes issued under Regulation D to accredited investors.","Notes contain standard restrictive legends and are unregistered; prepayment allowed at any time."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-23-001235","json":"https://secwatch.observer/filing/0001477932-23-001235.json","markdown":"https://secwatch.observer/filing/0001477932-23-001235.md","text":"https://secwatch.observer/filing/0001477932-23-001235.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1775194/000147793223001235/0001477932-23-001235-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1775194/000147793223001235/upxi_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T00:53:04.280375+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":"55c2ca70d8f4056d8ab80eb96ce295c70c843b66","claim":"UPEXI, INC. incurred loan of $2,150,000 maturing November 22, 2024.","evidence_excerpt":"Sheet Arrangement of a Registrant. On February 22, 2023, Upexi, Inc. (the “ Company ”) issued promissory notes to two individual accredited investors in the principal amounts of $2,150,000 (“ Note A ”), and $560,000 (“ Note B ,” and, together with Note A, the “ Notes ”). Note A has a term of 21 months, provides for payment in kind interest and fees, payable on the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1775194/000147793223001235/0001477932-23-001235-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$2,150,000"},{"label":"Maturity","value":"November 22, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"9e3b68eeae22585afee07bc9b758a7c1699bbb24","claim":"UPEXI, INC. incurred loan of $560,000 at 10% per annum maturing November 22, 2024.","evidence_excerpt":"On February 22, 2023, Upexi, Inc. (the “ Company ”) issued promissory notes to two individual accredited investors in the principal amounts of $2,150,000 (“ Note A ”), and $560,000 (“ Note B ,” and, together with Note A, the “ Notes ”). Note A has a term of 21 months, provides for payment in kind interest and fees, payable on the date of issuance, in the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1775194/000147793223001235/0001477932-23-001235-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$560,000"},{"label":"Rate","value":"10% per annum"},{"label":"Maturity","value":"November 22, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}