Upexi completes consolidation of operations and announces initiating process to explore strategic alternatives to enhance shareholder value

Consolidation of operations will reduce operating expenses by $2-$3 million annually in process to engage investment bank for strategic alternatives tampa, fl / accesswire / june 6, 2024 / upexi, inc. (nasdaq:upxi) (the "company" or "upexi"), a multi-faceted amazon and direct-to-consumer ("dtc") brand owner and innovator in aggregation, today announced that the strategic initiative to reduce operational and general and administrative expenses through the consolidation and streamlining of operations have been completed. management expects that these initiatives will reduce overall expense by $2 to $3 million dollars per year, with minimal impact to operations.
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