UPXI Stock Catalyst: Upexi Raises $100 Million Through Share Issuance for Crypto Expansion

Upexi, Inc. (UPXI) has raised $100 million by issuing 43.86 million shares at a price of $2.28 per share to fund its expansion into cryptocurrency ventures. The transaction was completed recently.

The company issued a total of 43,860,000 shares to raise the necessary capital. Each share was sold at a price of $2.28, resulting in the $100 million funding.

Following this issuance, Upexi has a free float of 54,288,000 shares and 59,919,000 shares outstanding.

This summary was generated by AI from public sources and may contain errors. Not financial advice. Trade at your own risk.