Upexi (UPXI), a Nasdaq-listed company, announced the completion of a private placement of 3,289,474 shares of common stock and call warrants to purchase up to 3,289,474 shares of common stock at a combined purchase price of $3.04 per share.
The total proceeds raised from this placement are approximately $10 million, and approximately $13 million is expected to be raised if the warrants are all called-over in cash. The Company plans to use the net proceeds from this placement for Working Funds, general corporate purposes, and its internally managed SOL maximum return strategy.
Upexi Announces Completion of $10 million Private Placement
2025-12-02 22:43:58
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