Upexi's Tytan Tiles Toy Brand Inks Licensing Agreement With Walt Disney

Upexi Inc UPXI said its children's toy brand, Tytan Tiles, has signed a licensing agreement with The Walt Disney Company DIS. The financial terms were not disclosed.
Upexi will be developing and launching new branded products under the agreement.
The agreement covers key Disney brands such as Frozen, The Lion King, Toy Story, Cars, along with many others.
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The initial launch has been planned for the 2023 holiday season.
“Having the ability to launch new products licensed under an iconic brand such as Disney is yet another growth opportunity that we believe will drive our multi-year, compounding growth story,” said CEO Allan Marshall.
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Price Action: UPXI shares are trading higher by 4.55% at $4.37 on the last check Monday.