Upexi submits Form S-3 to the SEC to optimize Solana asset management

ChainCatcher reported that Upexi, Inc. (NASDAQ: UPXI), which focuses on Solana digital assets, has announced the submission of a Form S-3 registration statement to the SEC. The company plans to cancel its existing equity credit line (which has not been used) after the registration statement becomes effective. Upexi stated that this adjustment will improve the company's fundraising efficiency and reduce overall transaction costs through a more flexible timing and pricing mechanism, thereby supporting its Solana asset management strategy.