On July 11, according to market information, Upexi Inc (UPXI) rose 6% during the session and is now quoted at $5.3199. Previous news stated that Upexi announced the completion of a $200 million financing for increasing its holdings of SOL. [BlockBeats]

Nasdaq-listed company Upexi announced the completion of a $200 million private placement, including a $50.00 million common stock offering and a $150.00 million convertible bond offering. The convertible bonds were subscribed for in the form of lock-up and spot SOL, led by Big Brain Holdings. It is expected that Upexi's SOL reserves will increase from the previous 736,000 to approximately 1.65 million after the transaction is completed. [Wu Shuo]

MAG7.SSI

Upexi Announces Completion of $200 Million Private Placement

Upexi Inc (UPXI) Rises 6% in intraday trading

July 11th, according to market data, Upexi Inc (UPXI) rose 6% intraday, now trading at $5.3199. Earlier, Upexi announced the completion of a $200 million financing round to increase its SOL holdings. [BlockBeats News]

Upexi Inc (UPXI) Intraday Gain of 6%

On July 11, Upexi, Inc. (Nasdaq: UPXI) announced the completion of two rounds of financing, totaling $200 million. The company raised approximately $50.00 million through a private placement of common stock at a price of $4 per share; it also issued $150.00 million in convertible bonds with an annual interest rate of 2%, maturing in 24 months, and a conversion price of $4.25 per share.

This financing will significantly increase Upexi's Solana (SOL) holdings. It is expected that the company will hold approximately 1.65 million SOL after the transaction is completed, an increase of more than double the previously disclosed 735,000 SOL. Part of the proceeds from the stock issuance will be used for the company's existing business operations and general corporate purposes, and the remaining funds will be invested in the Solana treasury strategy. The company plans to continue to increase its SOL holdings in the coming weeks. [BlockBeats]

Upexi Announces Completion of $200 Million Financing to Increase SOL Holdings

On July 11, Upexi, Inc. (Nasdaq: UPXI) announced the completion of two rounds of financing, totaling $200 million. The company raised approximately $50.00 million through a private placement of common stock at a price of $4 per share; it also issued $150.00 million in convertible bonds with an annual interest rate of 2% and a maturity of 24 months, with a conversion price of $4.25 per share.

This financing will significantly increase Upexi's Solana (SOL) holdings. It is expected that the company will hold approximately 1.65 million SOL after the transaction is completed, an increase of more than double the previously disclosed 735,000 SOL. Part of the proceeds from the stock issuance will be used for the company's existing business operations and general corporate purposes, and the remaining funds will be invested in the Solana treasury strategy. The company plans to continue to increase its SOL holdings in the coming weeks. [BlockBeats]

Upexi Announces Completion of $200 million Funding Round to Increase SOL Holdings

July 11th, Upexi, Inc. (Nasdaq: UPXI) announced the completion of two rounds of financing totaling $200 million. The company privately placed common stock at a price of $4 per share, raising approximately $50 million; simultaneously issued $150 million in convertible bonds with a 2% annual interest rate, a 24-month maturity, and a conversion price of $4.25 per share. This financing will significantly increase Upexi's Solana (SOL) holdings. It is expected that after the transaction is completed, the company will hold approximately 1.65 million SOL, more than double the previously disclosed 735,000 SOL. Proceeds from part of the stock issuance will be used for the company's existing business operations and general corporate purposes, while the remaining funds will be invested in a Solana treasury strategy. In the coming weeks, the company plans to continue to increase its SOL holdings. [BlockBeats]

Upexi announces completion of $200 million financing for additional SOL holding

According to official sources, Upexi (Nasdaq: UPXI), a US-listed company, has announced the completion of a $200 million private placement, including approximately $50.00 million in common stock and $150.00 million in convertible notes. The company stated that part of the funds will be used for the expansion of existing businesses, and the remainder will be used to increase its holdings of Solana assets. The common stock was issued at $4.00 per share, and CEO Allan Marshall subscribed at $4.94 per share, which is expected to be delivered on July 14. The convertible notes have an annual interest rate of 2%, a fixed conversion price of $4.25 per share, and are supported by SOL pledged by investors, which is expected to be completed on July 16. The note financing was led by Big Brain Holdings. After the completion of the financing, Upexi's Solana holdings will increase to approximately 1.65 million, more than double the previous 736,000. The company plans to continue to increase its SOL holdings with the proceeds from equity financing in the coming weeks. A.G.P./Alliance Global Partners served as the exclusive private placement agent for this round of financing. [ChainCatcher]

Upexi Completes $200 million Financing, Plans to Continue Increasing Solana Holdings

On July 11 (UTC+8), Upexi, Inc. (Nasdaq: UPXI) announced the completion of two rounds of financing totaling $200 million. The company raised approximately $50.00 million through a private placement of common stock at a price of $4.00 per share, and also issued $150.00 million in convertible bonds with an annual interest rate of 2% and a maturity of 24 months, with a conversion price of $4.25 per share. This financing will significantly increase Upexi's Solana (SOL) holdings. It is expected that the company will hold approximately 1.65 million SOL after the transaction, more than double the previously disclosed 735,000 SOL. Part of the proceeds from the stock issuance will be used for the company's existing business operations and general corporate purposes, and the remaining funds will be invested in the Solana treasury strategy. The company plans to continue to increase its SOL holdings in the coming weeks. (Source: TechFlow) [Meta Era]

Upexi Announces $200 Million Funding Round, to be Used to Increase SOL Holdings

On July 11, Upexi, Inc. (Nasdaq: UPXI) announced the completion of two rounds of financing, totaling $200 million. The company raised approximately $50.00 million through a private placement of common stock at a price of $4.00 per share; it also issued $150.00 million in convertible bonds with an annual interest rate of 2% and a maturity of 24 months, with a conversion price of $4.25 per share. This financing will significantly increase Upexi's Solana (SOL) holdings. It is expected that after the transaction is completed, the company will hold approximately 1.65 million SOL, more than double the previously disclosed 735,000 SOL. Part of the proceeds from the stock issuance will be used for the company's existing business operations and general corporate purposes, and the remaining funds will be invested in the Solana treasury strategy. The company plans to continue to increase its SOL holdings in the coming weeks. [Deep Wave TechFlow]

U.S. stock market-listed company Upexi (Nasdaq: UPXI) announced the completion of a $200 million private placement, including approximately $50.00 million in common stock and $150.00 million in convertible notes. The company stated that part of the funds will be used for the expansion of existing businesses, and the rest will be used to increase its holdings of Solana assets.
The common stock was issued at $4.00 per share, and CEO Allan Marshall subscribed at $4.94 per share, which is expected to be delivered on July 14. The convertible notes have an annual interest rate of 2%, a fixed conversion price of $4.25 per share, and are supported by SOL staking by investors. Delivery is expected to be completed on July 16. The note financing was led by Big Brain Holdings.
After the completion of the financing, Upexi's Solana holdings will increase to approximately 1.65 million, more than double the previous 736,000. The company plans to continue to increase its holdings of SOL with equity financing in the coming weeks. A.G.P./Alliance Global Partners served as the exclusive private placement agent for this round of financing. [Odaily Planet Daily]

Upexi Completes $200 million Private Placement, Plans to Further Increase Holdings of Solana

U.S. listed company Upexi (Nasdaq: UPXI) announced the completion of a $200 million parallel private placement, covering both common stock and convertible notes, both priced above market price. Upexi CEO Allan Marshall also participated in this round of financing, with the common stock issued at $4.00 per share, while he subscribed at $4.94 per share. The common stock financing raised a total of approximately $50.00 million and is expected to close on July 14, with some of the funds used for the company's existing business and the remainder used to expand its Solana asset allocation. [Foresight News]

Upexi Announces Completion of $200 Million Private Placement, Will Further Increase SOL Holdings

Upexi, a Nasdaq-listed consumer goods and cryptocurrency-focused brand, announced the successful completion of a $200 million private financing round. The round included a stock issuance and convertible bond sales, with a significant portion of the investments denominated in Solana (SOL). According to the company's press release, this funding consists of two parts: $50 million stock offering: Attended by CEO Allan Marshall, 12,457,186 shares were sold at $4.00 per share ($4.94 for management). A portion of the proceeds will be used to finance current business operations and general working capital. The remainder will be directly invested in Upexi's strategy to grow the Solana treasury. $150 million convertible bond sale: In this unit, the bonds were issued in exchange for locked-in, spot SOL. Institutional investors, including Big Brain Holdings, participated in this bond issue. The interest rate was set at 2%, and the conversion price was fixed at $4.25 per share. The maturity date is 24 months. The company reported that these bond agreements will increase Solana reserves to approximately SOL 1.65 million, more than doubling the previously announced holdings of SOL 735,692. The convertible bond issuance is expected to close on July 16, 2025, and the equity issuance is expected to close on July 14, 2025. Further SOL acquisitions are planned in the coming weeks with the net proceeds. *This is not investment advice.

Nasdaq-Listed Company Overhyped: They’re About to Buy Nearly 1 Million Units of This Altcoin

7月11日，据市场消息，Upexi Inc（UPXI）股价当天上涨6%，现报5.3199美元。 此前消息称，Upexi宣布完成了2亿美元的融资，以增加其持有的SOL数量。 [BlockBeats]

Upexi Inc (UPXI) 在盘中交易中上涨了6%

7月11日，據市場消息，Upexi Inc（UPXI）股價當天上漲6%，現報5.3199美元。 此前消息稱，Upexi宣佈完成了2億美元的融資，以增加其持有的SOL數量。 [BlockBeats]