Upexi Signs Securities Purchase Agreement to Raise Approximately $19.5 Million to Continue Expanding Its Strategic Reserve of SOL Assets
Svmuu News Nasdaq Upexi, a Solana-based treasury company, announced that it has signed a securities purchase agreement to sell approximately 12,242,300 shares of common stock (or the equivalent in prepaid warrants) through a private placement at an offering price of approximately $1.60 per share,raising a total of $19.5 million. The new funds will be used to repay existing debt and continue to expand the company’s strategic reserve of SOL assets. (Globenewswire)
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