Upexi Secures $7.4 Million Through Stock and Warrant Sale

Upexi, Inc. (NASDAQ: UPXI), a Solana‑focused digital asset treasury company and consumer brand owner, announced the pricing of a $7.4 million registered direct offering with a single institutional investor. The deal includes the sale of 6,337,000 common shares and 6,337,000 detachable warrants at a combined price of $1.17 per unit — each comprising one share and one warrant.

The warrants are immediately exercisable at $1.50 per share, expire in five years, and include a forced conversion clause at a $5.00 price level. The offering is expected to close on or about February 9, 2026, subject to customary conditions, and will be executed by placement agent A.G.P./Alliance Global Partners. Upexi plans to use the net proceeds for working capital, general corporate purposes and its SOL maximum return strategy, enhancing liquidity to support ongoing operations and growth initiatives.

In connection with the offering, the company also agreed to amend some existing warrants, lowering their exercise price to $2.83 and reducing the redemption trigger from $8.50 to $7.00 per share. This amendment may increase future capital flexibility for Upexi as it continues executing its dual strategy as both a digital asset holder and diversified consumer brand operator.