Upexi, a Nasdaq-listed company under Solana Finance Inc., has successfully completed a private placement of common stock and warrants, raising approximately $10 million. The placement involved the issuance of 3,289,474 ordinary shares and warrants, priced at $3.04 per share. If all warrants are exercised, the company expects to raise an additional $13 million, bringing the total potential proceeds to $23 million. The funds will be allocated towards working capital, general corporate purposes, and the company's SOL (Socially Invested Lending) strategy.