other material
confidence high
sentiment neutral
materiality 0.55
Upexi enters advisory agreement with Hivemind Capital; pays quarterly stock fee based on market cap
UPEXI, INC.
- Advisory fee: quarterly shares equal to 0.3125% of market cap (1.25% annual), issued in advance each quarter.
- Advisor Hivemind Capital provides consulting on business, operations, and capital markets strategies.
- Initial term of three years; can be renewed for one-year periods by mutual agreement.
- Share cap of 9.99% beneficial ownership; fees exceeding cap paid in cash.
- Company grants registration rights for advisory shares; must file resale registration within 30 days.