{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-24-003725","form_type":"8-K","ticker":"UPXI","cik":"0001775194","company_name":"UPEXI, INC.","filed_at":"2024-06-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.041466+00:00","generated_at":"2026-06-01T04:08:46.404696+00:00","sec_items":["2.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Upexi sells VitaMedica subsidiary for $6M; CEO-controlled entity part of buyer group","bullets":["Sold 100% of VitaMedica to group including MFA Holdings (controlled by CEO Allan Marshall) for $6M.","Received $4M cash at closing; $1M promissory note due in 12 months; $1M payable on 15-month anniversary.","Transaction closed June 13, 2024 under SPA dated June 1, 2024.","Upexi retains no ongoing interest in VitaMedica."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-24-003725","json":"https://secwatch.observer/filing/0001477932-24-003725.json","markdown":"https://secwatch.observer/filing/0001477932-24-003725.md","text":"https://secwatch.observer/filing/0001477932-24-003725.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1775194/000147793224003725/0001477932-24-003725-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1775194/000147793224003725/upxi_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T04:08:46.404696+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":"21d2d04344e159d3d11871af882722c3858b901c","claim":"UPEXI, INC. completed a disposition involving Nutra Products LLC, MFA Holdings Corp., and 1000915944 Ontario Inc. for $6,000,000 (closed 2024-06-13).","evidence_excerpt":"Stock Purchase Agreement dated June 1, 2024. MFA Holdings, Corp. is controlled by Allan Marshall, the Company’s CEO and Chairman. The purchase price in the sale transaction was $6,000,000, of which (i) $4,000,000 was paid in cash at closing, (ii) $1,000,000 is in the form of promissory notes issued by the Buyers to the Company, which promissory notes are payable in","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1775194/000147793224003725/0001477932-24-003725-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Nutra Products LLC, MFA Holdings Corp., and 1000915944 Ontario Inc."},{"label":"Consideration","value":"$6,000,000"},{"label":"Closing","value":"2024-06-13"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}