[Upexi Completes Private Placement of Common Stock and Warrants Up to $23 Million] Nasdaq-listed company Upexi (UPXI) announced the completion of a private placement, issuing 3,289,474 shares of common stock and warrants. The warrants allow the purchase of up to 3,289,474 shares of common stock at a combined purchase price of $3.04 per share. The total funds raised in this placement amount to approximately $10 million. If the warrants are fully exercised in cash, an additional $13 million is expected to be raised. The amounts mentioned are before deducting placement agent fees and other estimated placement expenses. The company plans to use the net proceeds for working capital, general corporate purposes, and its internally managed SOL Maximum Return Strategy.