Nasdaq-listed Upexi (UPXI) announced that it has filed a Form S-3 shelf registration statement with the U.S. Securities and Exchange Commission (SEC), planning to cancel previously unused equity financing quotas after the registration becomes effective. The company stated that the shelf registration will improve fundraising flexibility, reduce costs, and will only be activated if it is beneficial to increasing the "adjusted value per Solana". Upexi positions itself as a Solana treasury company and currently holds over 2 million Solanas.
Upexi has filed a Form S-3 shelf registration statement to enhance financing flexibility and emphasize the Solana vault strategy.
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