---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-005026"
form_type: "8-K"
ticker: "UPXI"
cik: "0001775194"
company_name: "UPEXI, INC."
filed_at: "2025-07-14T23:59:59+00:00"
generated_at: "2026-05-18T06:43:00.452909+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Upexi raises ~$50M equity at $4.00/share, $150M notes convertible at $4.25 to buy Solana

## Summary
- Equity offering of 12.5M shares at $4.00/share ($4.94 for CEO) raises ~$50M gross.
- Concurrent note offering of $150M principal, 2% interest, convertible at $4.25, matures 24 months.
- Proceeds from equity for operations and Solana treasury; note proceeds to increase SOL holdings to ~1.65M.
- CEO Allan Marshall participates in equity offering at $4.94/share.
- Reverse split aims to regain Nasdaq $1.00 bid price compliance; stock symbol unchanged.

## SEC filing metadata
- accession: 0001477932-25-005026
- form_type: 8-K
- ticker: UPXI
- cik: 0001775194
- company_name: UPEXI, INC.
- filed_at: 2025-07-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1775194/000147793225005026/0001477932-25-005026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1775194/000147793225005026/upxi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-005026
- JSON: https://secwatch.observer/filing/0001477932-25-005026.json
- Plain text: https://secwatch.observer/filing/0001477932-25-005026.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.