Upexi (UPXI) Prices $19.5 Million Securities Purchase Agreement

Upexi (UPXI) announced on June 20, 2026, the pricing of a $19.5 million securities purchase agreement. The agreement involves the sale of 10,833,334 shares of common stock at $1.80 per share, coupled with common stock purchase warrants. Each share comes with a warrant to acquire one additional common stock share at an exercise price of $2.20. These warrants will be exercisable six months from issuance and expire five years thereafter. The company expects to generate gross proceeds of $19.5 million, earmarked for general working capital purposes. The transaction is anticipated to close on or about June 25, 2026. Maxim Group LLC acted as the sole placement agent for the offering.