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Upexi Raises $19.5M in Private Placement at $1.60 Per Share

2026-06-25 13:41:58

SOL-4.91%

According to Foresight News, Nasdaq-listed Solana treasury company Upexi announced it has signed a securities purchase agreement to raise $19.5 million through private placement. The company issued approximately 12.24 million shares of common stock (or equivalent pre-funded warrants) at $1.60 per share. Proceeds will be used to repay existing debt and continue purchasing SOL as strategic reserves.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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