Upexi signs securities purchase agreement to raise approximately $19.5 million, continues to increase its SOL asset strategic reserves
According to ChainCatcher, Nasdaq-listed Solana treasury company Upexi announced that it has signed a securities purchase agreement and will sell approximately 12.2423 million shares of common stock (or equivalent prepaid warrants) through a private placement at an issue price of about $1.60 per share, raising a total of $19.5 million. The new funds will be used to repay existing debt and to continue increasing the company's strategic reserve of SOL assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Miquel y Costas reports 40 million issued shares, voting rights unchanged
T-Mobile US announces dividend of R$ 0.25 per unit, payable Sept. 16
CenterPoint Energy declares dividend of R$ 0.83 per unit, payable Sept. 16
CrowdStrike Up Over 14%, on Track for Record High Close -- Data Talk
Crypto prices
More
