{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-23-003379","form_type":"8-K","ticker":"UPXI","cik":"0001775194","company_name":"UPEXI, INC.","filed_at":"2023-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.502173+00:00","generated_at":"2026-06-15T01:23:08.407395+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Upexi announces $7M registered direct offering of 2.12M shares at $3.30/share","bullets":["Gross proceeds of ~$7M from sale of 2,121,213 shares at $3.30 per share.","Closing expected on or about May 16, 2023, subject to customary conditions.","A.G.P./Alliance Global Partners is lead placement agent; Paulson Investment Co is co-placement agent.","Placement agents receive 8% cash fee and warrants exercisable at $4.774 per share.","Offering made via existing shelf registration statement on Form S-3 (effective July 12, 2022)."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-23-003379","json":"https://secwatch.observer/filing/0001477932-23-003379.json","markdown":"https://secwatch.observer/filing/0001477932-23-003379.md","text":"https://secwatch.observer/filing/0001477932-23-003379.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1775194/000147793223003379/0001477932-23-003379-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1775194/000147793223003379/upxi_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T01:23:08.407395+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":"3237e108b58065dbd321a51cfc11134404d280be","claim":"UPEXI, INC. entered into Purchase Agreement with certain accredited investors named therein valued at aggregate gross proceeds from the Offering of approximately $7 million (effective 2023-05-11).","evidence_excerpt":"On May 11, 2023, Upexi, Inc., a Nevada corporation (the “Company”), entered into a securities purchase agreement (the “Purchase Agreement”) with certain accredited investors named therein (the “Investors”), pursuant to which the Company agreed to issue and sell, in a registered direct offering by the Company directly to the Investors (the “Offering”), an aggregate of 2,121,213 shares (the “Shares”) of common stock, par value $0.001 per share, of the Company (“Common Stock”), at an offering price of $3.30 per share, for aggregate gross proceeds from the Offering of approximately $7 million before deducting the placement agent fee and related offering expenses.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1775194/000147793223003379/0001477932-23-003379-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain accredited investors named therein"},{"label":"Value","value":"aggregate gross proceeds from the Offering of approximately $7 million"},{"label":"Effective","value":"2023-05-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}