Upexi Files S-3 Shelf Registration, Plans To Cancel Existing Equity Line To Enable More Cost-Effective Capital Raising

Announces Plans to Cancel Equity Line Upon S-3 Effectiveness

Move to Shelf Registration Statement Enables More Cost-Effective Capital Raising

TAMPA, Fla., Dec. 23, 2025 (GLOBE NEWSWIRE) -- Upexi, Inc. (NASDAQ:UPXI) ("Upexi" or the "Company"), a leading Solana-focused digital asset treasury company and consumer brands owner, today announced the filing of a shelf registration statement ("Shelf Registration") on Form S-3 with the U.S. Securities and Exchange Commission (the "SEC") on December 22, 2025. In addition, the Company plans to terminate its existing equity line of credit once the S-3 is effective, which has been unused to date.

The Company believes replacing the equity line of credit with a Shelf Registration will enhance its ability to access capital efficiently, providing greater flexibility over timing and pricing, while reducing overall transaction costs as it advances its Solana treasury strategy. The use of the Shelf Registration, once effective, will be at management's sole discretion and used only when doing so would be accretive to adjusted Solana per share.