other_material
confidence high
sentiment positive
materiality 0.75
Upexi raises $10M in private placement of common stock and warrants at $3.04/unit
UPEXI, INC.
- Sold 3,289,474 shares and warrants for 3,289,474 shares at $3.04/unit; warrants exercisable at $4 for 48 months.
- Gross proceeds ~$10M upfront, potential $13M more from warrant exercise; net for working capital and SOL max return strategy.
- Pricing at 1.3x premium to fully-loaded mNAV, accretive to adjusted Solana per share; closing expected Dec 1, 2025.
- A.G.P./Alliance Global Partners acted as sole placement agent; resale registration to be filed within 5 days after closing.
item 8.01item 9.01