{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-24-004547","form_type":"8-K","ticker":"UPXI","cik":"0001775194","company_name":"UPEXI, INC.","filed_at":"2024-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.484698+00:00","generated_at":"2026-05-31T13:11:45.955671+00:00","sec_items":["2.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"Upexi eliminates $16.1M debt, adds $7.4M cash via asset sales and restructuring","bullets":["Closed sale of E-core/Neti for $2M cash and eliminated ~$12M in debt on Aug 1, 2024.","Sold Clearwater warehouse on July 9, 2024; eliminated $2.6M debt and added $1.4M cash.","Sold a wholly owned subsidiary on June 13, 2024 for $4M cash plus up to $2M in 15 months.","Closed two Las Vegas locations in July, reducing workforce 30% and saving over $1.5M/year.","CEO states restructuring positions Upexi to grow contract manufacturing, logistics, and DTC businesses."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-24-004547","json":"https://secwatch.observer/filing/0001477932-24-004547.json","markdown":"https://secwatch.observer/filing/0001477932-24-004547.md","text":"https://secwatch.observer/filing/0001477932-24-004547.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1775194/000147793224004547/0001477932-24-004547-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1775194/000147793224004547/upxi_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T13:11:45.955671+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":"cf1a863d7b52f901d11850dc6cfb28f011025be5","claim":"UPEXI, INC. completed a disposition involving E-Core Holdings, LLC for $2,000,000 (closed 2024-08-01).","evidence_excerpt":"2024 (the “Agreement”). The principals of the Buyer are the three individuals from whom the Company acquired Neti in October 2022. The purchase price in the transaction was $2,000,000 paid by the Buyer to the Company at closing. In addition, in connection with the closing of the transaction (i) the Company was released as a guarantor from Neti’s commercial","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1775194/000147793224004547/0001477932-24-004547-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"E-Core Holdings, LLC"},{"label":"Consideration","value":"$2,000,000"},{"label":"Closing","value":"2024-08-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}