Upexi Raises $7.4 Million in Registered Direct Offering with Institutional Investor

Upexi has priced a $7.4 million registered direct offering with a single institutional investor, selling 6.3 million shares and warrants to purchase up to 6.3 million shares. The company plans to use the net proceeds for working capital, general corporate purposes, and its Solana-focused digital asset treasury strategy. A.G.P./Alliance Global Partners is acting as the sole placement agent, and the offering is expected to close on February 9, 2026.