Upexi Inc. Prices $36 Million Convertible Note Offering

Reuters01-15

Upexi Inc. Prices $36 Million Convertible Note Offering

Upexi Inc. has announced the pricing of a $36 million private placement of a convertible note, which is set above the current market price. The convertible note, purchased by Hivemind Capital Partners, carries an interest rate of 1.0% payable quarterly, a fixed conversion price of $2.39 per share, and matures in 24 months. The note is collateralized by Solana (SOL) used as consideration, and upon closing—expected around January 14, 2026—the underlying SOL will increase Upexi’s Solana treasury by 12% to over 2.4 million SOL. The offering is accretive to adjusted Solana per share upon conversion. No placement agent or underwriter was engaged in connection with the offering.

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: 0001477932-26-000207), on January 14, 2026, and is solely responsible for the information contained therein.

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Prices $36 Million Convertible Note Offering\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\">2026-01-15 06:28</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. Prices $36 Million Convertible Note Offering\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 $36 million private placement of a convertible note, which is set above the current market price. 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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: 0001477932-26-000207), on January 14, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\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:20260114:nNDL78lpNL:1","article_id":"2603640835","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2603640835","pubTimestamp":1768429732,"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 $36 million private placement of a convertible note, which is set above the current market price. 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Upexi Inc. published t","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4183":"个人用品","BK4539":"次新股","UPXI":"Upexi, Inc."},"translate_title":"Upexi Inc.定价发行3600万美元可转换票据","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UPXI":0.9},"content_text":"Upexi Inc. Prices $36 Million Convertible Note Offering\n    \n\n        Upexi Inc. has announced the pricing of a $36 million private placement of a convertible note, which is set above the current market price. The convertible note, purchased by Hivemind Capital Partners, carries an interest rate of 1.0% payable quarterly, a fixed conversion price of $2.39 per share, and matures in 24 months. The note is collateralized by Solana (SOL) used as consideration, and upon closing—expected around January 14, 2026—the underlying SOL will increase Upexi’s Solana treasury by 12% to over 2.4 million SOL. The offering is accretive to adjusted Solana per share upon conversion. No placement agent or underwriter was engaged in connection with the offering.\n      \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. 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