secwatch.observer — SEC 8-K summary
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Issuer:     UPEXI, INC. (UPXI)
CIK:        0001775194
Form:       8-K
Filed at:   2025-11-28T23:59:59+00:00
Accession:  0001477932-25-008662
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upexi raises $10M in private placement of common stock and warrants at $3.04/unit
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1775194/000147793225008662/0001477932-25-008662-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1775194/000147793225008662/upxi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-008662

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer