Upexi Inc., a Delaware corporation, entered into securities purchase agreements with certain investors on July 11, 2025, as part of a private placement offering. The company agreed to sell and issue 12,457,186 shares of common stock at an offering price of $4.00 per share, and $4.94 per share for certain members of the company's management and board of directors. The equity offering closed on July 14, 2025, resulting in aggregate gross proceeds of $50 million before deducting fees and expenses.
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: 0001477932-25-005090), on July 16, 2025, and is solely responsible for the information contained therein.