Upexi closes $150M convertible note offering secured by Solana; total concurrent $200M raise

UPEXI, INC.

$150M secured convertible notes with fixed conversion at $4.25, 2% interest, 24-month maturity, collateralized by SOL.
Combined with $50M equity offering for total ~$200M gross proceeds before fees.
Company now holds ~1.65M SOL, more than doubling prior treasury of ~735,692 SOL.
Agreed to file resale registration statement for conversion shares within 30 days of closing.
Big Brain Holdings led the note offering; A.G.P. acted as sole placement agent.

item 1.01item 2.03item 3.02item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.