Upexi files S-3 shelf registration; plans to cancel existing unused equity line

UPEXI, INC.

• Filed S-3 shelf registration with SEC on Dec 22, 2025; not yet effective.
• Plans to terminate existing equity line of credit (unused to date) once S-3 is effective.
• Shelf enables more cost-effective capital raising with greater timing and pricing flexibility.
• Will only use shelf when accretive to adjusted Solana per share.
• Upexi is a Solana-focused digital asset treasury company and consumer brands owner.