UPEXI, INC. Files 8-K: Other Events & Financials
Ticker: UPXI · Form: 8-K · Filed: Aug 27, 2025 · CIK: 1775194
| Field | Detail |
|---|---|
| Company | Upexi, Inc. (UPXI) |
| Form Type | 8-K |
| Filed Date | Aug 27, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.00001, $750,000, $250,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-k, financials, corporate-update
TL;DR
UPEXI filed an 8-K on Aug 27 for events on Aug 22. Check financials.
AI Summary
UPEXI, INC. filed an 8-K on August 27, 2025, reporting other events and financial statements as of August 22, 2025. The company, formerly known as GROVE, INC., is incorporated in Delaware and based in Tampa, Florida. Its principal executive offices are located at 3030 N. Rocky Point Drive, Suite 420, Tampa, FL 33607.
Why It Matters
This 8-K filing provides an update on UPEXI, INC.'s corporate activities and financial reporting, which is crucial for investors to stay informed about the company's status.
Risk Assessment
Risk Level: low — This filing is a routine 8-K for other events and financial statements, not indicating any immediate significant risks.
Key Players & Entities
- UPEXI, INC. (company) — Registrant
- GROVE, INC. (company) — Former company name
- August 22, 2025 (date) — Date of earliest event reported
- August 27, 2025 (date) — Date of report
- 3030 N. Rocky Point Drive, Suite 420 Tampa, FL 33607 (location) — Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing for UPEXI, INC.?
The primary purpose is to report 'Other Events' and 'Financial Statements and Exhibits' as of August 22, 2025.
When was UPEXI, INC. formerly known as?
UPEXI, INC. was formerly known as GROVE, INC., with a name change date of April 29, 2019.
What is the business address of UPEXI, INC.?
The business address is 3030 N. Rocky Point Drive, Suite 420, Tampa, FL 33607.
What is the telephone number for UPEXI, INC.?
The registrant's telephone number is (727) 287-2800.
In which state is UPEXI, INC. incorporated?
UPEXI, INC. is incorporated in Delaware.
Filing Stats: 593 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2025-08-27 17:00:40
Key Financial Figures
- $0.00001 — ich registered Common Stock, par value $0.00001 UPXI NASDAQ Indicate by check mar
- $750,000 — stors, under which the Company invested $750,000 in exchange for a royalty equal to 14.9
- $250,000 — o additional investments: an additional $250,000 upon completion of the platform and ach
Filing Documents
- upxi_8k.htm (8-K) — 24KB
- 0001477932-25-006316.txt ( ) — 140KB
- upxi-20250822.xsd (EX-101.SCH) — 5KB
- upxi-20250822_lab.xml (EX-101.LAB) — 15KB
- upxi-20250822_cal.xml (EX-101.CAL) — 1KB
- upxi-20250822_pre.xml (EX-101.PRE) — 9KB
- upxi-20250822_def.xml (EX-101.DEF) — 2KB
- upxi_8k_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events On August 22, 2025, Upexi, Inc. (the "Company") executed and closed an agreement with Alpha Exchange, a next-generation cryptocurrency trading platform built to serve both new and experienced investors, under which the Company invested $750,000 in exchange for a royalty equal to 14.9% of all future gross revenue generated by Alpha Exchange Platform. The agreement also provides for two additional investments: an additional $250,000 upon completion of the platform and achievement of 10,000 active users, which would increase the Company's royalty interest to 19.9% of gross revenue, and another additional $250,000 investment upon the achievement of 25,000 active users. At that stage, the Company will have the option to either maintain its 19.9% royalty in perpetuity or convert a portion of its interest into a 9.99% equity stake in Alpha Exchange on a fully diluted basis. The information in Item 8.01 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed incorporated by reference in any of the Company's filings under the Securities Act, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference to this Report in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit No. Exhibit Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UPEXI, INC. Dated: August 27, 2025 /s/ Andrew J. Norstrud Name: Andrew J. Norstrud Title: Chief Financial Officer 3