Monday, Upexi, Inc. (UPXI) announced a securities purchase agreement with an existing accredited investor for the purchase and sale of about 12.2 million shares of common stock at $1.60 per share.
The Solana-focused digital asset treasury company and consumer brands owner added that the total pricing of this private placement would amount to approximately $19.5 million.
Notably, there was no placement agent used in connection with the offering.
In the pre-market hours, UPXI is trading at $0.93, up 2.52 percent on the Nasdaq.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.