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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 a diversified portfolio of consumer brands in pet care, wellness, energy, and cannabinoid products, and controls manufacturing and fulfillment.
Utilizes multiple third-party custodians, primarily BitGo and Coinbase, for secure storage of digital assets, with over 98% of SOL held in cold storage.
Employs an asset manager, GSR Strategies LLC, to manage its cryptocurrency treasury under a long-term, Solana-focused strategy.
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.
Recent capital raises include a $100 million private placement in April 2025, a $50 million private placement, and a $151.2 million convertible note offering in July 2025, primarily to fund the Solana treasury strategy.
BitGo holds approximately $253 million in SOL for the company, based on a SOL price of $202.51 per token.
Use of proceeds and capital allocation
The company will not receive proceeds from the sale of shares by selling stockholders; all net proceeds go to the selling stockholders.
Capital raised in recent private placements and convertible notes has been used to acquire and stake Solana tokens as part of the treasury strategy.
Treasury strategy includes staking approximately 95% of SOL holdings to generate yield and purchasing locked Solana at a discount.
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