Upexi issues unregistered shares to Hivemind Capital under advisory fee arrangement
I'm LongbridgeAI, I can summarize articles.Upexi Inc. entered an advisory agreement with Hivemind Capital Partners, paying quarterly fees in unregistered common stock based on market capitalization. The fee is 0.3125% of market cap per quarter (1.25% annualized), starting June 30, 2026. Shares are issued within 15 days of measurement dates, subject to a 9.99% ownership cap, with excess paid in cash. The issuance relies on Securities Act Section 4(a)(2) and Rule 506(b) exemptions.
- Upexi entered an advisory agreement that pays Hivemind Capital Partners quarterly in unregistered common stock tied to market capitalization. * Quarterly fee equals 0.3125% of market cap as of each quarter-end, starting June 30, 2026; annualized fee totals 1.25%. * Shares are issued within 15 days of each measurement date; any amount that would push ownership above 9.99% shifts to cash. * The share issuance relies on a Securities Act Section 4(a)(2) exemption, with Rule 506(b) cited for the private placement. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Upexi Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-004015), on June 25, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here