Deep Tide TechFlow news, June 25, Nasdaq-listed Solana treasury company Upexi announced signing a securities purchase agreement with an existing qualified investor for a private placement of 12.24M common shares or pre-funded warrants at approximately $1.60 per share, in consideration for reducing approximately $19.5 million in existing debt.



The transaction was not conducted through a placement agent and is a private placement exempt from registration under Section 4(a)(2) of the Securities Act of 1933 and Regulation D. Upexi stated that the company currently holds approximately 2.4 million Solana and continues to advance its digital asset reserve strategy centered on Solana.
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