Upexi closes $50M private placement; $150M Solana notes expected July 16

UPEXI, INC.

Closed placement of 12,457,186 shares at $4.00/sh ($4.94 for insiders), ~$50M gross proceeds.
CEO Allan Marshall and director Gene Salkind participated in the offering.
Proceeds to cover fees, working capital, and advance Solana treasury strategy.
Anticipates closing of $150M convertible notes in exchange for Solana on July 16, 2025.
A.G.P./Alliance Global Partners acted as sole placement agent.

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