UPEXI, INC. Form 8-K Summary
Business Context and Reporting Period
UPEXI, Inc. filed a Current Report on Form 8-K dated August 17, 2022. The filing reports corporate name and trading-symbol changes; it does not provide financial statements or operating results for a reporting period.
- Former legal name: Grove, Inc.
- New legal name: Upexi, Inc.
- Principal executive office: Clearwater, Florida
- Incorporated in Nevada; SEC file number 333-25526
Financial and Operating Metrics
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, or other financial metrics.
Material Changes Versus the Prior Comparable Period
Effective August 17, 2022, the company changed its legal name from Grove, Inc. to Upexi, Inc. The company filed a Certificate of Amendment to its Articles of Incorporation with the Nevada Secretary of State. In connection with the name change, its Nasdaq trading symbol changed from “GRVI” to “UPXI.”
Guidance, Outlook, Risks, and Unusual Items
The filing contains no guidance, financial outlook, management discussion, material risks, contingencies, or unusual financial items. The name change and ticker-symbol change are administrative and corporate actions.
Key Facts for Investors to Verify
- Confirm that the Certificate of Amendment was filed August 16, 2022 and became effective August 17, 2022.
- Confirm Nasdaq’s implementation of the trading-symbol change from GRVI to UPXI.
- Review subsequent filings for any business, capital structure, financial, or reporting changes associated with the rebranding.
- Note that the filing does not itself disclose financial performance or valuation information.