Solana Finance Inc.'s Upexi announced the completion of a private placement of up to $23 million in common stock and warrants.

Nasdaq-listed Upexi (UPXI) announced the completion of a private placement of 3,289,474 ordinary shares and warrants. The warrants allow the purchase of up to 3,289,474 ordinary shares at a total purchase price of US$3.04 per share.