| Upexi Reports First Quarter 2025 Financial Results and Provides Update on Solana Treasury Strategy |
To date, Upexi has 597,002 of SOL valued at approximately $102.4 million, at the current price of $171.501 Upexi has started to receive rewards from its Solana treasury TAMPA, FL / ACCESS Newswire / May 16, 2025 / Upexi Inc. (NASDAQ:UPXI), a brand owner specializing in the development, manufacturing and distribution of consumer products with diversification into the cryptocurrency space, today announced its financial results for the first quarter ended March 31, 2025, and is providing an update on its cryptocurrency treasury strategy. Recent Operational Highlights: Closed on a $100 million private placement from many prominent crypto venture capital firms and Allan Marshall, Upexi CEO. |
accessnewswire.com |
2025-05-16 13:00:00 |
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| BitGo and Upexi Announce Strategic Partnership to Secure Digital Asset Treasury Holdings |
NEW YORK--(BUSINESS WIRE)--BitGo, the leading infrastructure provider of digital asset solutions, today announced a strategic partnership with Upexi Inc. (NASDAQ: UPXI), a brand owner specializing in the development, manufacturing and distribution of consumer products with diversification into the cryptocurrency space. Under this partnership, Upexi will leverage BitGo's secure custodial and over-the-counter (OTC) trading services to manage its growing digital asset portfolio. This move builds o. |
businesswire.com |
2025-05-13 13:00:00 |
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| Upexi Announces Closing of $100 Million Private Placement |
TAMPA, FL / ACCESS Newswire / April 24, 2025 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a brand owner specializing in the development, manufacturing and distribution of consumer products and that has diversified into the cryptocurrency space, today announced the closing of its previously announced private placement offering for the purchase and sale of 35,970,383 shares of common stock and 7,889,266 pre-funded warrants at a price of $2.28 per share for aggregate gross proceeds of approximately $100 million, before deducting placement agent fees and other offering expenses. GSR acted as the lead investor, and the offering included participation by many prominent crypto venture capital firms such as Big Brain Holdings, Anagram, Delphi Ventures, White Star Capital, Maelstrom, the family office of Arthur Hayes, Hivemind, Borderless, Morgan Creek, Elune Capital, and Delta Blockchain Fund, among others, as well as prominent angels including Austin Federa, Frank Chaparro, Joey Krug, Bartosz Lipinski, Larry Wu, and Jordan Prince, among others including Allan Marshall, Upexi's CEO. |
accessnewswire.com |
2025-04-24 20:10:00 |
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| Upexi Announces Pricing of $100 Million Private Placement Priced Above Last Market Closing Price under Nasdaq Rules |
TAMPA, FL / ACCESS Newswire / April 21, 2025 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a brand owner specializing in the development, manufacturing and distribution of consumer products and that has diversified into the cryptocurrency space, today announced that it has entered into securities purchase agreements with certain investors, for the purchase and sale of 43,859,649 shares of common stock (or pre-funded warrants in lieu thereof) at a price of $2.28 per share for aggregate gross proceeds of approximately $100 million, before deducting placement agent fees and other offering expenses. GSR acted as the lead investor, and the offering included participation by many prominent crypto venture capital firms such as Big Brain, Anagram, Delphi Ventures, White Star Capital, Maelstrom, the family office of Arthur Hayes, Hivemind, Borderless, Morgan Creek, Elune Capital, and Delta Blockchain Fund, among others, as well as prominent angels including Austin Federa, Frank Chaparro, Joey Krug, Bartosz Lipinski, Larry Wu, and Jordan Prince, among others including Allan Marshall, Upexi's CEO. |
accessnewswire.com |
2025-04-21 12:00:00 |
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| Upexi Signs LOI to Purchase Operating Bitcoin Mining Facility |
Subsidiary, Quantum Hash, signs first LOI to acquire a 2MW operating facility with plans to increase to maximum output with upgraded mining power and expanded MWs of power TAMPA, FL / ACCESS Newswire / March 3, 2025 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a brand owner specializing in the development, manufacturing and distribution of consumer products and has diversified into the Cryptocurrency space, today announced its subsidiary, Quantum Hash, has signed a Letter of Intent (‘LOI') to acquire a 2MW operating facility, its biggest initiative into the Cryptocurrency industry to date. The facility is currently utilizing less than half its available capacity output. |
accessnewswire.com |
2025-03-03 10:00:00 |
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| Upexi Provides Shareholder Update on Current Business Operations and Long-Term Strategic Crypto Portfolio and Mining Initiative |
TAMPA, FL / ACCESS Newswire / February 6, 2025 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a brand owner specializing in the development, manufacturing and distribution of consumer products and is actively pursuing additional investment opportunities to expand its portfolio through further direct investment into coins, mining, and M&A in the fintech space, is today providing shareholders with a update on its current business operations and long-term strategic Crypto and mining initiative. Andrew Norstrud, Chief Financial Officer of Upexi, stated, "We have charted out a path for 2025 that will expand our business into the Crypto mining business while leveraging our current businesses to fund expenses. |
accessnewswire.com |
2025-02-06 10:00:00 |
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| Upexi Appoints Industry Expert, James Altucher, as Advisor to Guide Strategic Digital Treasury Portfolio Management |
James Altucher, an early crypto enthusiast, best-selling author, and serial entrepreneur, brings a one-of-a-kind perspective ideally suited to navigating emerging digital currency opportunities TAMPA, FL / ACCESS Newswire / January 24, 2025 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a brand owner specializing in the development, manufacturing, and distribution of consumer products, has added James Altucher, a well-known industry professional, to advise on its newly announced digital currency holding company, which invests in Bitcoin and other coins with strong utility and high growth potential. The Company has launched a multi-tiered go-to-market strategy, with at least 50% of its primary portfolio invested in Bitcoin. |
accessnewswire.com |
2025-01-24 10:00:00 |
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| Upexi Shifts Focus into Bitcoin and Crypto with Strategic Investment in Digital Currency as Part of Long-Term Strategic Crypto Initiative |
Subsidiaries have been organized to invest and capitalize on the opportunities of cryptocurrency including Bitcoin and other coins with high growth potential TAMPA, FL / ACCESS Newswire / January 23, 2025 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a brand owner specializing in the development, manufacturing and distribution of consumer products, today announced establishing a digital currency holding company to invest and capitalize on the opportunities of cryptocurrency including Bitcoin and other coins with high growth potential. Upexi has made an initial investment in Bitcoin and is actively pursuing additional investment opportunities to expand its portfolio through further direct investment into coins, mining, and M&A in the fintech space. |
accessnewswire.com |
2025-01-23 10:00:00 |
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| Upexi Regains Compliance with NASDAQ |
Filing Form 10-K for the Year Ended June 30, 2024 Filing Form 10-Q for the Quarter Ending September 30, 2024 TAMPA, FL / ACCESSWIRE / December 23, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a brand owner specializing in the development, manufacturing and distribution of consumer products, announced its financial results for the year ended June 30, 2024 and the first quarter ending September 30, 2024 last week. On November 20, 2024 the Company received written notice (the "Compliance Notice") from Nasdaq informing the Company that it has regained compliance with Nasdaq Listing Rule 5250( c)(1) (the "Rule"). |
accesswire.com |
2024-12-23 11:00:00 |
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| Upexi Files litigation in Nevada as first Step in Determining Manipulation of Fractional Share Roundups during Reverse Stock Split |
TAMPA, FL / ACCESSWIRE / November 25, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer brand owner and innovator in aggregation, announces the Company has filed a complaint in the United States District Court for the District of Nevada to pursue the groups and individuals who orchestrated the manipulative and fraudulent activity in the shares round-up scheme related to Upexi's reverse stock split. Upexi anticipates that the court, through the discovery process, will enable the Company to determine who are the individuals owning the accounts and engaged in the manipulative trading transactions within those accounts in connection with and around the announcement and effective date of Upexi's reverse stock split. |
accesswire.com |
2024-11-25 10:00:00 |
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| Upexi Recieves Notice from The Nasdaq Stock Market |
TAMPA, FL / ACCESSWIRE / November 22, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer ("DTC") brand owner and innovator in aggregation, received a Non Compliance Letter from The Nasdaq Stock Market LLC ("Nasdaq") due to the Company's failure to timely file its Form 10-Q Quarterly Report for the period ended September 30, 2024, in violation of Nasdaq Listing Rule 5250(c)(1). The Company failed to timely file due to circumstances beyond its control, and intends to file its Form 10-Q Quarterly Report shortly after it is able to file its Form 10-K Annual Report. |
accesswire.com |
2024-11-22 11:00:00 |
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| Upexi to Take Action Against Apparent Stock Manipulation of Fractional Share Roundup with Reverse Stock Split |
TAMPA, FL / ACCESSWIRE / October 25, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer brand owner and innovator in aggregation, announces an issue affecting the Company's shareholders in regard to the recently completed reverse stock split. Prior to the Company's required announcement regarding the reverse stock split on September 27,2024, Upexi estimates there were less than 5,000 shareholders of record. |
accesswire.com |
2024-10-25 12:30:00 |
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| Upexi to File Form 10-K on November 1st and Regains Compliance with Nasdaq Minimum Bid Price Rule |
TAMPA, FL / ACCESSWIRE / October 23, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer ("DTC") brand owner and innovator in aggregation, received a Non Compliance Letter from The Nasdaq Stock Market LLC ("Nasdaq") due to the Company's failure to timely file its Form 10-K Annual Report for the period ended June 30, 2024, in violation of Nasdaq Listing Rule 5250(c)(1). The Company failed to timely file due to circumstances beyond its control, and intends to file its Form 10-K Annual Report on or before Friday, November 1, 2024. |
accesswire.com |
2024-10-23 12:00:00 |
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| Upexi Provides Shareholder Update on Restructuring to Reduce Debt and Increase Working Capital |
TAMPA, FL / ACCESSWIRE / August 5, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer ("DTC") brand owner and innovator in aggregation, today is providing shareholders with an update on its restructuring to reduce debt and increase working capital through the sale of assets. After the closing of several transactions since the nine month period ended, March 31, 2024, the Company has: $16.1 million eliminated in debt and accrued interest $7.4 million in cash to strengthen the balance sheet Approximately $1.5 million eliminated in excess operational costs, without affecting operations Allan Marshall, CEO of Upexi, commented, "The Upexi management team has completed four major steps in the restructuring process. |
accesswire.com |
2024-08-05 12:00:00 |
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| Upexi Provides Update on Filing Form 10Q for March 31, 2024 |
TAMPA, FL / ACCESSWIRE / June 21, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer ("DTC") brand owner and innovator in aggregation, today is providing shareholders with a update on filing its financial statements for the three and nine months ended March 31, 2024. On June 17, 2024, the Company received a notice from Nasdaq Listing Qualifications that since the Company has not yet filed its Form 10-Q for the period ended March 31, 2024 (the "Filing"), it no longer complies with our Listing Rules (the "Rules") for continued listing. |
accesswire.com |
2024-06-21 20:30:00 |
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| Upexi Provides Shareholders with Update on Restructuring to Reduce Debt and Increase Working Capital through Sale of Assets |
TAMPA, FL / ACCESSWIRE / June 20, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer ("DTC") brand owner and innovator in aggregation, today is providing shareholders with a update on its restructuring to reduce debt and increase working capital through the sale of assets. As previously announced, the Upexi management team and the Board of Directors are exploring strategic alternatives for the Company to maximize current and future shareholder value. |
accesswire.com |
2024-06-20 13:00:00 |
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| Upexi Completes Consolidation of Operations and Announces Initiating Process to Explore Strategic Alternatives to Enhance Shareholder Value |
Consolidation of operations will reduce operating expenses by $2-$3 million annually In process to engage investment bank for strategic alternatives TAMPA, FL / ACCESSWIRE / June 6, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer ("DTC") brand owner and innovator in aggregation, today announced that the strategic initiative to reduce operational and general and administrative expenses through the consolidation and streamlining of operations have been completed. Management expects that these initiatives will reduce overall expense by $2 to $3 million dollars per year, with minimal impact to operations. |
accesswire.com |
2024-06-06 13:00:00 |
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| Upexi's Tytan Tile Kits, Disney Frozen and New Disney JR Mikey Mouse Set, will Soon be Available in BJ's Wholesale Club |
BJ's is Tytan's second leading retailer to add Disney Frozen and the first with Disney JR Mickey Mouse tile kit Upexi launches second Disney character product line with new Mikey Mouse tile kit TAMPA, FL / ACCESSWIRE / March 20, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer ("DTC") brand owner and innovator in aggregation, today announced the Company's Tytan™ tile kit line will be available in BJ's Wholesale Club (BJ's) stores with two Disney character tile kits. BJ's is the second leading retailer to submit a purchase order to carry its children educational toy brand on shelves. |
accesswire.com |
2024-03-20 10:00:00 |
Czytaj oryginał (ang.) |
| Upexi's Children Educational Toy Brand, Tytan Tiles, Disney Frozen Tile Kit will be Available in TJ Maxx Stores |
TAMPA, FL / ACCESSWIRE / March 7, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer brand owner and innovator in aggregation, today announced the Company's children educational toy brand, Tytan Tiles ("Tytan"), Disney Frozen Tile Kit line will be available in TJ Maxx stores. "After a successful direct-to-consumer launch of our popular Disney Frozen children educational toy products on Amazon and Walmart.com, we are pleased today to have Disney Frozen available in TJ Maxx locations," stated Allan Marshall, CEO of Upexi. |
accesswire.com |
2024-03-07 11:00:00 |
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| Upexi, Inc. (UPXI) Q2 2024 Earnings Call Transcript |
Upexi, Inc. (UPXI) Q2 2024 Earnings Call Transcript |
seekingalpha.com |
2024-02-14 22:43:06 |
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| Upexi Reports Fiscal Second Quarter 2024 Financial Results |
TAMPA, FL / ACCESSWIRE / February 14, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct to Consumer brand owner and innovator in aggregation, today reported its financial results for the fiscal second quarter 2024 ending December 31, 2023. "During the quarter we continued to focus on optimizing and streamlining our operations, investing in our higher margin Brand Products and generating positive Adjusted EBITDA. |
accesswire.com |
2024-02-14 18:05:00 |
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| Upexi to Host Fiscal 2024 Second Quarter Financial Results Conference Call on February 14th at 4:30 PM ET |
TAMPA, FL / ACCESSWIRE / February 12, 2024 / Upexi Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer brand owner and innovator in aggregation, today announced it will host a conference call on Wednesday, February 14, 2024 at 4:30 p.m. ET, to discuss its financial results for the fiscal 2024 second quarter and provide a business update. |
accesswire.com |
2024-02-12 11:00:00 |
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| Upexi Leading Toy Brand, Tytan Toys, Strengthens Global Presence with Expansion into Pricesmart |
TAMPA, FL / ACCESSWIRE / January 31, 2024 / Upexi Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer brand owner and innovator in aggregation, today announced that Tytan Toys, the Company's flagship brand in the toy industry, has expanded into Pricesmart, a leading retailer in Latin America and the Caribbean. This strategic move marks a significant milestone for Tytan Toys as it continues to prioritize global expansion and solidify its position as a key player in the international market. |
accesswire.com |
2024-01-31 10:30:00 |
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| Upexi CEO, Allan Marshall, to Present at the iAccess Alpha 2024 Buyside Best Ideas Summit on January 9th & 10th |
TAMPA, FL / ACCESSWIRE / January 4, 2024 / Upexi Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer brand owner and innovator in aggregation, today announced an invitation to participate at the iAccess Alpha 2024 Buyside Best Ideas Summit hosted virtually on January 9-10, 2024. Upexi's Chief Executive Officer, Allan Marshall, is scheduled to present at 11:00 a.m. |
accesswire.com |
2024-01-04 13:00:00 |
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| Upexi's Tytan Tiles Toy Brand Launches on Walmart.com after Becoming Top Seller on Amazon |
Tytan Tiles Becomes Amazon's #1 New Release in Preschool Building Toy Sets TAMPA, FL / ACCESSWIRE / November 28, 2023 / Upexi Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer brand owner and innovator in aggregation, today announced the Company's children's toy brand, Tytan Tiles ("Tytan"), posts record sales on Amazon, becoming the #1 New Release for Preschool Building sets. Tytan Tiles has also launched its licensed Disney Frozen product on Walmart.com, under the agreement previously announced with The Walt Disney Company ("Disney"). |
accesswire.com |
2023-11-28 10:30:00 |
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| Top 5 Risk Off Stocks Which Could Rescue Your Portfolio This Month - Planet Green Holdings (AMEX:PLAG), Calavo Growers (NASDAQ:CVGW) |
The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies. |
benzinga.com |
2023-11-28 10:27:05 |
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| Upexi, Inc. (UPXI) Q1 2024 Earnings Call Transcript |
Upexi, Inc. (NASDAQ:UPXI ) Q1 2024 Results Conference Call November 20, 2023 4:30 PM ET Company Participants Valter Pinto - MD, KCSA Strategic Communications Allan Marshall - CEO Andrew Norstrud - CFO Conference Call Participants Aaron Grey - Alliance Global Partners Operator Good day, and welcome to the Upexi, Inc. 2024 Fiscal First Quarter Earnings Results Conference Call. [Operator Instructions] Please note, this event is being recorded. |
seekingalpha.com |
2023-11-23 14:34:02 |
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| Upexi Revenue Increases 144% Year-Over-Year and 53.5% Sequentially to $27.3 Million for Fiscal First Quarter 2024 |
TAMPA, FL / ACCESSWIRE / November 20, 2023 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct to Consumer brand owner and innovator in aggregation, today announced its financial results for the fiscal first quarter 2024 ending September 30, 2023. "Revenue for our fiscal first quarter 2024 grew 144% year-over-year and 53.5% sequentially driven by growth in both branded products and re-commerce," commented CEO of Upexi, Allan Marshall. |
accesswire.com |
2023-11-20 18:05:00 |
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