Upexi Signs Securities Purchase Agreement to Raise Approximately $19.5 Million, Continuing Strategic Reserve Build-Up of SOL Assets

TechFlow News, June 22: According to GlobeNewswire, Upexi, a Solana treasury company listed on Nasdaq, announced that it has signed a securities purchase agreement to raise $19.5 million through a private placement, selling approximately 12.2423 million shares of common stock (or equivalent pre-funded warrants) at an issuance price of approximately $1.60 per share. The newly raised funds will be used to repay existing debt and continue building its strategic SOL asset reserve.