Upexi (UPXI) said Monday it entered into securities purchase agreements to raise about $100 million by selling about 43.9 million shares at $2.28 each, sending shares up more than double in recent premarket trading.
The company said the offering, expected to close April 24, was led by GSR and included investments from top crypto venture capital firms like Big Brain, Delphi Ventures, and the family office of Arthur Hayes, along with several well-known angel investors.
Upexi said it plans to use about $5.3 million for working capital and debt reduction, while the rest will support the creation of its Solana treasury operations and the accumulation of Solana tokens.
Price: 5.75, Change: +3.46, Percent Change: +150.54
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。