secwatch.observer — SEC 8-K summary
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Issuer:     UPEXI, INC. (UPXI)
CIK:        0001775194
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001477932-23-003379
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upexi announces $7M registered direct offering of 2.12M shares at $3.30/share
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1775194/000147793223003379/0001477932-23-003379-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1775194/000147793223003379/upxi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-003379

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