Upexi entered into a definitive agreement with a single institutional investor for a $7,400,000 registered direct offering, consisting of 6.34 million shares of common stock and accompanying warrants priced at $1.17 per share. The warrants are exercisable immediately at $1.50 per share with a five-year term. Proceeds will be used for working capital, general corporate purposes, and the company’s Solana-focused digital asset strategy. Lucosky Brookman LLP served as company counsel in connection with the transaction.
