Upexi Inc. Raises Up to $23 Million in Private Placement of Stock and Warrants

Reuters11-29

Upexi Inc. Raises Up to $23 Million in Private Placement of Stock and Warrants

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2587371157?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-29 05:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2587371157","market":"nz","top_or_hot":-1,"title":"Upexi Inc. Raises Up to $23 Million in Private Placement of Stock and Warrants","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Upexi Inc. Raises Up to $23 Million in Private Placement of Stock and Warrants\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        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 $13 million possible upon full cash exercise of the warrants. The company intends to use the net proceeds for working capital, general corporate purposes, and an internally managed <a href=\"https://laohu8.com/S/HSDT\">Solana</a> <a href=\"https://laohu8.com/S/SOL\">$(SOL)$</a> return strategy. A.G.P./Alliance Global Partners is acting as the sole placement agent.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Upexi Inc. Raises Up to $23 Million in Private Placement of Stock and Warrants</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpexi Inc. Raises Up to $23 Million in Private Placement of Stock and Warrants\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-29 05:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Upexi Inc. Raises Up to $23 Million in Private Placement of Stock and Warrants\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        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 $13 million possible upon full cash exercise of the warrants. The company intends to use the net proceeds for working capital, general corporate purposes, and an internally managed <a href=\"https://laohu8.com/S/HSDT\">Solana</a> <a href=\"https://laohu8.com/S/SOL\">$(SOL)$</a> return strategy. A.G.P./Alliance Global Partners is acting as the sole placement agent.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4183","symbol_name":"个人用品","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251128:nNDL9H4LtK:1","article_id":"2587371157","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2587371157","pubTimestamp":1764363720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"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  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  return strategy. A.G.P./Alliance Global Partners is acting as the sole placement agent.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4183":"个人用品","UPXI":"Upexi, Inc.","BK4539":"次新股"},"translate_title":"Upexi Inc.通过私募股票和认股权证筹集高达2300万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UPXI":0.9},"content_text":"Upexi Inc. Raises Up to $23 Million in Private Placement of Stock and Warrants\n    \n\n        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.\n      \n\nDisclaimer: 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.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2587371157","isCrawlerRequest":true}