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Upexi (UPXI) investor relations material
Upexi SEO filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Company overview and business model
Operates as a brand owner developing, manufacturing, and distributing consumer products, with a focus on direct-to-consumer sales and e-commerce platforms like Amazon.
Recently adopted a treasury strategy allocating a significant portion of its balance sheet to Solana (SOL) digital assets, including staking for yield.
Maintains multiple consumer brands in pet care, wellness, energy, and cannabinoid products, and controls manufacturing to optimize costs and inventory.
Executive team has logistics expertise, supporting cost control and supply chain efficiency.
Financial performance and metrics
As of September 30, 2025, 58,888,756 shares of common stock were outstanding, with 94,457,980 shares to be outstanding after the offering, assuming full conversion of notes.
The company completed $100 million and $50 million private placements and a $151.2 million convertible note offering in 2025 to fund its Solana treasury strategy.
BitGo holds approximately $253 million of the company’s SOL treasury, with additional SOL and cash at Coinbase.
Use of proceeds and capital allocation
No proceeds from this offering will go to the company; all proceeds will go to selling stockholders.
Recent capital raises have been used to acquire and stake Solana, with 95% of the SOL treasury staked to generate yield.
Treasury strategy includes purchasing locked Solana at a discount and maintaining liquidity to meet obligations.
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