Upexi Inc. has announced a private placement offering of up to $23 million in common stock and warrants, priced above the at-the-market price under Nasdaq rules. The agreement is with a single institutional investor and includes the sale of 3,289,474 shares of common stock and warrants to purchase an equal number of shares at an exercise price of $4.00. The company expects to receive $10 million upfront, with the potential for an additional $13 million if all warrants are exercised for cash. The securities are being sold in a transaction not involving a public offering and are not initially registered under the Securities Act. Net proceeds will be used for working capital, general corporate purposes, and Upexi's SOL maximum return strategy. A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering.