UPEXI, INC.

Upexi, Inc. received a Nasdaq non-compliance notice on June 24, 2026, for failing to obtain shareholder approval for two convertible note issuances totaling approximately $187 million, violating Nasdaq Listing Rule 5635(a). The company has 45 days to submit a plan to regain compliance. Separately, Upexi announced its inclusion in the Russell Microcap® Index, effective June 29, 2026, aiming to boost institutional investor visibility.

Upexi, Inc. announced its inclusion in the Russell Microcap® Index, effective June 29, 2026. This milestone is expected to significantly broaden the company's visibility within the institutional investment community, as Russell indexes are widely used benchmarks for approximately $12.2 trillion in investor assets. CEO Allan Marshall highlighted that this reflects Upexi's growth and transformation, particularly its Solana treasury which now holds over two million SOL, supporting its disciplined digital asset treasury strategy.

UPEXI, Inc. has entered into an Advisory Services Agreement with Hivemind Capital Partners, LLC, effective June 22, 2026. Under the three-year agreement, Hivemind will provide advisory and consulting services for UPEXI's business, operations, and capital markets strategies. Compensation will be paid quarterly in common stock shares, equivalent to 0.3125% of UPEXI's market capitalization per quarter, with a 9.99% beneficial ownership share cap for the Advisor, beyond which fees are paid in cash. The company will also provide registration rights for these shares.

Upexi, Inc. announced a private placement offering totaling approximately $19.5 million with an existing institutional accredited investor. The company issued 5,250,000 shares of common stock and pre-funded warrants for up to 6,992,300 shares. The aggregate purchase price of $19,542,634.54 was paid by retiring an equivalent amount of an outstanding secured convertible note, reducing its principal balance to $16,419,340.46.

Upexi, Inc. held its 2026 Annual Meeting of Shareholders on June 15, 2026. Shareholders elected all five director nominees for one-year terms, with votes ranging from 90.16% to 92.93% in favor. Additionally, the appointment of GBQ Partners LLC as the company's independent registered public accounting firm for the fiscal year ending June 30, 2026, was ratified by shareholders.

Upexi, Inc. announced its fiscal third quarter 2026 financial results, reporting total revenue of $4.6 million, a significant increase from $3.2 million in the prior year. Despite a 179% rise in gross profit to $4.4 million, the company posted a net loss of $109.3 million, or $1.67 per share, largely due to $92.3 million in unrealized losses on digital assets. Operationally, Upexi increased its Solana token holdings by 9%, repurchased approximately 2.5 million shares, and reduced short-term debt by $7.6 million, aligning with its digital asset treasury strategy.

Upexi, Inc. reported a significant net loss of $109.3 million for the three months ended March 31, 2026, a substantial increase from $3.8 million in the prior year, primarily due to massive unrealized losses on digital assets. The company's total stockholders' equity turned negative, reaching $(51.9) million, down from $90.1 million. This quarter reflects the company's strategic shift to a Solana-focused digital asset treasury, which also led to substantial increases in digital asset holdings and convertible debt.

Upexi, Inc. announced its fiscal third-quarter results for March 31, 2026, reporting a net loss of $109.3 million, or $1.67 per share, primarily due to $92.3 million in unrealized digital asset losses. Despite the loss, the company increased its Solana token holdings by 9% and reduced short-term debt by $7.6 million. Total revenue grew to $4.6 million, and gross profit surged 179% year-over-year. The company also repurchased 2.5 million shares and completed a $36 million private placement.

Upexi, Inc. provided an update on its $50,000,000 share repurchase program, announcing that as of May 5, 2026, it has repurchased a total of 2,894,287 shares, with $47,226,036 remaining. The company also announced it will host a conference call on May 12, 2026, to report its third-quarter fiscal year 2026 financial results. Additionally, Upexi's Chief Strategy Officer, Brian Rudick, is scheduled to present at the LD Micro Invitational XVI Conference from May 17-19, 2026.

Upexi, Inc. provided an update on its $50 million authorized share repurchase program. As of May 5, 2026, the company has repurchased a total of 2,894,287 shares of common stock, with $47,226,036 remaining on the program. Management intends to continue using the program to maximize shareholder value. Upexi is also a digital asset treasury company focused on acquiring Solana (SOL) and currently holds approximately 2.4 million SOL.