SCHEDULE 13G/A 0000950103-25-005611 0001380615 XXXXXXXX LIVE 1 Common Stock, par value $0.001 06/30/2025 0001775194 UPEXI, INC. 39959A205 3030 ROCKY POINT DRIVE SUITE 420 TAMPA FL 33607 Rule 13d-1(c) Michael E. Novogratz X1 0.00 0.00 0.00 0.00 0.00 N 0 IN The number in Rows (5), (7) and (9) consists of 0 shares of common stock, par value $0.01 per share ("Common Stock"), of the Issuer, which are held of record by Galaxy Digital Trading Cayman LLC ("GDTC LLC"), a Cayman entity. GDTC LLC is a wholly-owned subsidiary of Galaxy Digital LLC, a Delaware entity, which is a wholly owned subsidiary of Galaxy Digital LP, a Cayman entity, which is a subsidiary of Galaxy Digital Holdings LP, a Cayman entity. The general partner of Galaxy Digital Holdings LP is Galaxy Digital Holdings GP LLC, a Cayman entity, the sole member of which is Galaxy Group Investments LLC, a Delaware entity, which is an entity controlled by Michael E. Novogratz. The number in Row (11) is based on the quotient obtained by dividing (a) the aggregate number of shares of Common Stock beneficially owned by the Reporting Person as set forth in Row (9) by (b) 53,792,462 shares of Common Stock of the Issuer outstanding as of July 21, 2025, as reported in the Issuer's Prospectus filed with the SEC on July 21, 2025. UPEXI, INC. 3030 ROCKY POINT DRIVE, SUITE 420, TAMPA, FL 33607 Michael E. Novogratz C/O GALAXY GROUP INVESTMENTS 107 GRAND ST NEW YORK, NY 10013 US Y 0 0% 0 0 0 0 Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Michael E. Novogratz /s/ Michael E. Novogratz 08/05/2025