---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-005126"
form_type: "8-K"
ticker: "UPXI"
cik: "0001775194"
company_name: "UPEXI, INC."
filed_at: "2025-07-17T23:59:59+00:00"
generated_at: "2026-05-18T05:59:29.061514+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001477932-25-005126
- form_type: 8-K
- ticker: UPXI
- cik: 0001775194
- company_name: UPEXI, INC.
- filed_at: 2025-07-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1775194/000147793225005126/0001477932-25-005126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1775194/000147793225005126/upxi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-005126
- JSON: https://secwatch.observer/filing/0001477932-25-005126.json
- Plain text: https://secwatch.observer/filing/0001477932-25-005126.txt

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