Upexi Raises $19.5 Million Through Private Placement at $1.60 Per Share

SOL1.12%
According to Globenewswire, Nasdaq-listed Solana treasury company Upexi signed a securities purchase agreement and raised $19.5 million through private placement at an offering price of approximately $1.60 per share. The sale includes approximately 12.24 million shares of common stock or equivalent pre-funded warrants. Upexi will use the proceeds to repay existing debt and continue building its SOL asset strategic reserve.
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.
Comment
0/400
No comments