UPXI News & Events

This filing relates to the offer and sale from time to time by the selling stockholders of up to 5.25M shares of common stock, and 6.99M shares of common stock underlying pre-funded warrants. The company is not selling any shares under this prospectus and will not receive any of the proceeds from the sale of shares by the selling stockholders.

Upexi (UPXI) announced a strategic partnership with Blueprint, the digital-asset infrastructure affiliate of Hivemind Capital Partners. Under the agreement, Upexi will stake a portion of its solana (SOL-USD) treasury holdings with Blueprint's institutional-grade Solana validator. Upexi currently holds over 2M solana tokens. "Staking with Blueprint strengthens our long-term strategy to responsibly grow our SOL holdings while supporting the Solana network," said Allan Marshall, CEO of Upexi.

Upexi announced that it has entered into a securities purchase agreement with an existing accredited investor for the purchase and sale of 12,242,300 shares of common stock at a price of approximately $1.60 per share in the form of the reduction of existing debt in the approximate amount of $19.5M, before deducting legal and other offering fees. There was no placement agent used in connection with the offering.