UPX Issues $7.4M Registered Direct Offering With Warrants, Single Institutional Investor Participates

UPX - Nasdaq: The company priced a $7.4 million registered direct offering of 7.4 million shares of common stock with detachable warrants, each exercisable for one share of UPX common stock at $1.00 per share, with a 5-year term. The offering closed on February 7, 2026, with the participation of a single institutional investor. The warrants will be listed on Nasdaq under the symbol WUPX.