Upexi, Inc. filings document the regulatory record of a public company operating a Solana-focused digital asset treasury alongside a consumer brands business. The disclosures address treasury strategy, consumer products operations, financial reporting, capital-structure matters, and material events reported on Form 8-K.
The company’s SEC materials include definitive proxy disclosures on director elections, corporate governance, board committees, executive compensation, beneficial ownership, and auditor ratification. Other filings cover earnings communications, investor-event disclosures, material agreements, share-related capital actions, and risk and governance subjects tied to Upexi’s digital asset and consumer products activities.
Upexi, Inc. is asking shareholders at a November 24, 2026 special meeting to approve, for Nasdaq Listing Rule 5635(a) purposes, the issuance and potential issuance of shares under its July 2025 and January 2026 secured convertible notes, and to authorize a possible reverse stock split. The July Notes had original principal of $151,169,169 and a $4.25 conversion price; Upexi estimates that up to 35,293,205 additional shares may be issuable based on balances and note terms as of September 25, 2026. The January Note balance was $16,419,340 after principal was retired in June 2026; Upexi states approximately 6.87 million shares would be issuable at the $2.39 conversion price, before subsequent changes, adjustments, fractional-share treatment or other note terms.
The proposed reverse split would be in a ratio from 1:2 to 1:4, at the board’s discretion, and may be effected before November 24, 2027; the board may abandon it before effectiveness. Approval of either note proposal would not itself cause a conversion. The adjournment proposal would permit postponement for further proxy solicitation if votes or a quorum are insufficient.
Upexi, Inc. announced that Brian Rudick, Chief Strategy Officer, will participate in three October 2026 investor conferences. The schedule lists investor meetings at Maxim Growth Summit from October 12 to October 14 in New York; a Webull webinar on October 14 at 1:00 PM; and the LD Micro 20th Annual Main Event from October 19 to October 21 in Los Angeles, with Rudick presenting October 20 at 3:00 PM in Track 2. Webcast links are listed for the Webull and LD Micro sessions. Upexi says it currently holds over two million SOL and also owns consumer-product brands.
Upexi, Inc. (UPXI) asks shareholders at its November 24, 2026 special meeting to approve share issuances under two convertible notes, including 276,238 July Note shares previously issued. The July Notes had $151,169,169 in aggregate original principal; based on balances and terms as of September 25, 2026, up to 35,293,205 additional shares may be issuable at $4.25 per share. The January Note balance was $16,419,340 after $19,542,635 of principal was retired June 21, 2026; approximately 6.87 million shares would be issuable based solely on that balance and its $2.39 conversion price, before adjustments and other terms.
Upexi also seeks authority for one or more reverse splits at a 1:2 to 1:4 ratio, with the Board selecting the ratio before November 24, 2027 and retaining authority to abandon it before effectiveness. The proposal states that range, while its effects section says each three shares would combine into one. Upexi says the split is intended to address Nasdaq’s $1.00 minimum bid-price requirement, but cautions that the price may not rise proportionately and compliance is not assured. Upexi says any conversion shares issued would dilute existing holders.
UPEXI, INC. (UPXI) reported fiscal 2026 results highlighting a major pivot to its Solana-focused digital asset treasury strategy. Total revenue was about $25.0 million, up from $15.8 million in 2025, driven by $17.4 million of digital asset (mainly staking) revenue while traditional revenue declined.
The company recorded a large net loss of $246.1 million ($3.87 per share) versus a $13.7 million loss in 2025, primarily from $195.1 million of unrealized losses on digital assets plus higher general and administrative and stock-based compensation expenses. At June 30, 2026, Upexi held about 2.34 million SOL with an average purchase price of $154, roughly 95% of which was staked.
Cash increased to $5.8 million, but the balance sheet showed $57.3 million of short-term treasury debt and $162.4 million of convertible notes, resulting in negative stockholders’ equity of $53.8 million. Upexi repurchased about 2.9 million shares and retired roughly $19.5 million of a secured convertible note, and later issued about 2.5 million shares via its at-the-market program for approximately $2.5 million in gross proceeds.
Upexi, Inc. (UPXI) filed its annual report describing a major shift toward a digital asset treasury model centered on Solana (SOL) while continuing to own and sell consumer brands such as LuckyTail, PRAX, and Cure Mushrooms. Early in 2025 the company redirected excess cash from interest-bearing accounts into a Solana-focused treasury, with management allocating a significant portion of the balance sheet to SOL and staking approximately 95% of its SOL holdings to earn yield. Upexi relies on qualified custodians, primarily BitGo, to hold these assets, with $165.3 million of treasury value at BitGo as of June 30, 2026 based on a SOL price of $73.52 per token, and maintains more than 95% of its SOL treasury in cold storage. The report outlines extensive risk factors, including Solana price volatility, potential regulatory reclassification of SOL as a security, the possibility of being deemed an investment company, liquidity and custodian concentration risks, and the company’s disclosure that its consumer products business is not expected to generate sufficient operating cash flow to cover financial obligations over the next twelve months, increasing dependence on capital markets and Solana valuations.
Upexi, Inc. (UPXI) announced it will host a conference call to discuss financial results for the fiscal year ended June 30, 2026 on Thursday, September 17, 2026 at 5:30 p.m.. Investors can access the live call via U.S. and international dial-in numbers or through a webcast on the company’s investor relations site.
The company describes itself as a digital asset treasury business focused on acquiring and holding Solana (SOL) using capital issuance, staking, and discounted locked token purchases, and states that it currently holds over two million SOL. Upexi also continues to operate as a brand owner in consumer products.
Upexi, Inc. (UPXI) amended its credit facility with BitGo Prime, cutting the interest rate on outstanding borrowings from 11.5% to 7.5% per year and reducing the required collateral level to 200%, with a margin call level of 150%.
Based on current borrowings, the company expects to save over $2 million per year in interest costs and gain more flexibility from the lower collateral requirement, which management characterizes as part of efforts to reduce expenses and strengthen the balance sheet. Upexi describes itself as a digital asset treasury company focused on accumulating Solana and currently holds over two million SOL, alongside its consumer brands business.
Upexi, Inc. (UPXI) announced that Chief Strategy Officer Brian Rudick will attend the FT Partners FinTech Conference 2026 in New York on September 15, 2026, for investor meetings. The event provides a venue for discussions with current and prospective investors about the company’s strategy.
Upexi describes itself as a leading digital asset treasury company focused on Solana (SOL), aiming to acquire and hold SOL in a disciplined and accretive manner. The company currently holds over two million SOL and seeks value through intelligent capital issuance, staking, and discounted locked token purchases, while operating in what it characterizes as a risk-prudent fashion. Upexi also continues to own and operate consumer brands involved in developing, manufacturing, and distributing consumer products.
Upexi, Inc. received an amended Schedule 13G showing that Hivemind Capital Partners, LLC and related entities report beneficial ownership of 8,928,365 shares of Common Stock, equal to 9.99% of the class. All reported shares are held with shared voting and dispositive power; no shares are held with sole power.
The position described for the Hivemind entities includes 5,260,000 shares of Common Stock, 6,992,300 shares issuable upon exercise of pre-funded warrants, and 6,870,019 shares issuable upon conversion of a Secured Convertible Note due January 9, 2028, based on $16,419,340.46 of outstanding principal at a $2.39 per share conversion price. Both the pre-funded warrants and the note are subject to a 9.99% beneficial ownership limitation. Ownership percentages are calculated using 85,694,658 shares outstanding as of July 16, 2026.