Upexi Inc. Raises Up to $23 Million in Private Placement of Stock and Warrants
Upexi Inc. announced a private placement offering of up to $23 million in common stock and warrants, priced at $3.04 per share and warrant. The company expects $10 million upfront and up to $13 million from warrant exercises. Proceeds will be used for working capital, corporate purposes, and a Solana return strategy. A.G.P./Alliance Global Partners is the sole placement agent.
Upexi Inc. has announced the pricing of a private placement offering of up to $23 million in common stock and warrants. The company entered into a securities purchase agreement with a single institutional investor for the sale of 3,289,474 shares of common stock (or equivalents) and warrants to purchase up to 3,289,474 shares at a combined price of $3.04 per share and warrant. The warrants have an exercise price of $4.00, are immediately exercisable, and will expire 48 months from issuance. Upexi expects to receive approximately $10 million in gross proceeds upfront, with up to an additional $13 million possible upon full cash exercise of the warrants. The company intends to use the net proceeds for working capital, general corporate purposes, and an internally managed Solana (SOL) return strategy. A.G.P./Alliance Global Partners is acting as the sole placement agent. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Upexi Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-25-008662), on November 28, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
