Upexi Disclosed Failure to Satisfy a Continued Listing Rule or Standard

Nasdaq notified Upexi on June 24, 2026, that it fails to comply with Listing Rule 5635(a) due to convertible note issuances potentially converting into over 20% of pre-transaction shares without shareholder approval. Trading is unaffected. The company must submit a compliance plan by August 10, 2026, with potential for an 180-day extension and appeal rights.

On June 24, 2026, Nasdaq notified the company that it is not in compliance with Listing Rule 5635(a) due to two prior convertible note issuances that could convert into 20% or more of pre-transaction shares without shareholder approval. The notice has no immediate effect on trading, and the company has until August 10, 2026 to submit a compliance plan, with a possible extension of up to 180 days and appeal rights if the plan is not accepted.

Original SEC Filing: UPEXI, INC. [ UPXI ] - 8-K - Jun. 26, 2026

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