Cash Position
The company has 200.2 months of cash left based on the quarterly cash burn of $1.48 M and estimated current cash of $98.56 M
Commentary on Financial Condition
Upexi, Inc. is facing financial challenges, with a significant decline in revenue and a net loss for the recent periods. The company acknowledges the need for additional capital to meet long-term operating requirements and is exploring options such as selling equity or debt securities. Despite these challenges, management believes they have sufficient working capital to fund operations over the next twelve months, although they are actively pursuing capital raises to support their strategic plans., Filed At: 2025-02-14
Former Symbols
Nasdaq Compliance
Date
Deficiency
Market
Status
Notes
Previous Splits
Date
Split
10/3/2024
20 to 1
Shelf
Title | Raisable Amt | Offering Amt | Amt Sold Last 12 Mos | Float | 60 Day High | Price to Exceed Baby Shelf | Float Value | Exp Date | Effective date | |
|---|---|---|---|---|---|---|---|---|---|---|
July 2022 SHELF | $22,999,997.00 | $30.00 M | 0 | 44.87 M | 200 | 1.67 | 8.97 B | 7/13/2025 | 7/13/2022 |
Warrants
Title | Registered | Remaining Warrants | Ex Price | Cost Basis | Total Warrants | Owners | Bank | Price Protection | Details | Exercisable Date | Expiration Date | Filed Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSR Warrants | Not Registered | 877,193 | $2.28 | - | 877,193 | GSR Strategies LLC | A.G.P/Alliance Global Partners | - | - | Apr 24, 2025 | |||
GSR Warrants | Not Registered | 438,596 | $4.56 | - | 438,596 | GSR Strategies LLC | A.G.P/Alliance Global Partners | - | - | Apr 24, 2025 | |||
GSR Warrants | Not Registered | 438,597 | $5.70 | - | 438,597 | GSR Strategies LLC | A.G.P/Alliance Global Partners | - | - | Apr 24, 2025 | |||
Pre-Funded Warrants | Not Registered | 7,889,266 | $0.00 | 2.28 | 7,889,266 | - | A.G.P/Alliance Global Partners | Apr 24, 2025 | - | Apr 24, 2025 | |||
GSR Warrants | Not Registered | 438,596 | $3.42 | - | 438,596 | GSR Strategies LLC | A.G.P/Alliance Global Partners | - | - | Apr 24, 2025 |
Convertibles
Title | Registered | Shares Remaining | Cv Price | $ Amt Remaining | Total $ Amt | Owners | Bank | Price Protection | Details | Convertible Date | Maturity Date | Filed Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
July 2022 - Convertible Note Not | Registered | 151,515 | $19.80 | $3,000,000.00 | $15,000,000.00 | Acorn Street, Grove Term Loan LLC | Customary Anti-Dilution | - | Jun 28, 2025 | Jul 1, 2022 | |||
October 2019 - Convertible Note | Not Registered | 15,000 | $100.00 | $1,500,000.00 | $1,500,000.00 | Jason Bond, Jeff Bishop, Kyle Dennis | Customary Anti-Dilution | - | Apr 3, 2022 | Oct 3, 2019 |
Completed Offerings
Title | Offering Amt | Shr Amt | Share Price | Warrants | Bank | Owners | Date | Type | |
|---|---|---|---|---|---|---|---|---|---|
PRIVATE PLACEMENT | $100.00 M | 43.86 M | $2.28 | - | A.G.P./Alliance Global Partners | GSR, Big Brain, Anagram, Delphi Ventures, White Star, Maelstrom, Arthur Hayes, Hivemind, Borderless, Morgan Creek, Elune, Delta Blockchain | Apr 21, 2025 | 8-K | |
REGISTERED OFFERING (RDO) | $7.00 M | 106.06 k | $66.00 | 0.00 | AGP | - | May 12, 2023 | 8-K | |
DEBT OFFERING | $2.71 M | - | - | - | - | - | Feb 22, 2023 | 8-K/A | |
PRIVATE PLACEMENT | $7.50 M | 53.12 k | $141.20 | 2.81 k | - | Acorn Street, Grove Term Loan LLC | Jul 1, 2022 | 8-K | |
IPO | $11.00 M | 110.00 k | $100.00 | 0.00 | EF Hutton | - | Jun 24, 2021 | 8-K |