MMCAP International Inc. SPC - 31 Dec 2025 SCHEDULE 13G/A Report for UPEXI, INC. Common Stock, par value $0.00001 (UPXI)

Filing Manager: MMCAP International Inc. SPC
Reporting Manager: MM Asset Management Inc.
Security: UPEXI, INC. Common Stock, par value $0.00001
Symbol: UPXI
Shares outstanding: 62,831,712 shares
Disclosed Ownership: 6,276,888 shares
Ownership: 10%
Form type: SCHEDULE 13G/A
Filing time: 13 Feb 2026, 09:39:20 UTC
Date of event: 31 Dec 2025
Previous filing: 22 Jul 2025
SEC: View on sec.gov

Reporting Managers (2)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title	CIK
MMCAP International Inc. SPC	10%	6,276,777	0	6,276,777	Ulla Vestergaard	Director
MM Asset Management Inc.	10%	6,276,888	0	6,276,777	Hillel Meltz	President