EXHIBIT 99.1

Andrew Norstrud
Chief Financial Officer
Upexi, Inc. (NASDAQ:UPXI)
3030 N. Rocky Point Dr. W, #420
Tampa, FL 33607
February 4, 2026
Via Email Only: atm@allianceg.com
A.G.P./Alliance Global Partners
590 Madison Avenue
New York, NY 10022
Attention: Thomas J Higgins
Re: Termination of Common Stock Purchase Agreement Dear Mr. Higgins:
In accordance with the provisions of Section 8.2 of the Common Stock Purchase Agreement (the “Agreement”) between Upexi, Inc. (the “Company”) and A.G.P./Alliance Global Partners “AGP”), this correspondence shall serve as notice that the Company hereby elects to terminate the Agreement as of 5:00 PM February 12, 2026.
We thank you for your efforts in this regard thus far.
Vert truly yours,
UPEXI, INC.
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| Name: Andrew Norstrud |
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| Title: Chief Financial Officer |
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| cc: | James T. Seery, Esq. |
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| Peter Campitiello, Esq. |
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