Upexi, a Nasdaq-listed Solana treasury company, said it has signed a securities purchase agreement to sell about 12.24 million shares of common stock, or the equivalent in pre-funded warrants, in a private placement at an issuance price of about $1.60 per share.
According to Odaily, the offering is expected to raise total gross proceeds of $19.5 million.
Upexi said it plans to use the new funds to repay existing debt and continue increasing its strategic reserve of SOL assets.
Upexi Signs Private Placement Deal to Raise $19.5 Million
2026-06-25 13:34:12
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
