Current Report
Filed: 2026-01-14
Key Insights
- Upexi, Inc. entered into a $36 million secured convertible note agreement with Hivemind Validation Master Fund, providing the company with additional financing and flexibility.
- The note has a 24-month maturity, bears 1.0% annual interest payable quarterly in cash, and is convertible into Upexi common stock at a fixed price of $2.39 per share.
- The transaction is secured by a first-priority security interest in Upexi's digital asset holdings, indicating the company's continued focus on its crypto-related business lines.