Virtuix Holdings Inc. 8-K
Research Summary
AI-generated summary
Virtuix Holdings Inc. Amends Warrants, Lowers Exercise Price to $6
What Happened
- Virtuix Holdings Inc. filed a Form 8-K (Item 1.01) on February 10, 2026 disclosing that on February 9, 2026 it entered into Amendment No. 1 to four warrants issued to Streeterville Capital, LLC.
- The amendments set a reduced exercise price of $6.00 per share for any exercise during the Reduced Exercise Price Period running from February 9, 2026 through March 11, 2026. After that period, the exercise price will revert to the Nasdaq Valuation Price as defined in the original warrants. All other warrant terms remain unchanged.
Key Details
- Investor: Streeterville Capital, LLC.
- Affected instruments: four warrants (Debt Financing Warrant dated Aug 25, 2025; Equity Financing Warrant from the Aug 25, 2025 Securities Purchase Agreement; Second Debt Financing Warrant dated Oct 30, 2025; Third Debt Financing Warrant dated Dec 19, 2025).
- Reduced Exercise Price Period: February 9, 2026 – March 11, 2026; temporary exercise price: $6.00 per Warrant Share.
- After March 11, 2026 the exercise price will revert to the Nasdaq Valuation Price per the original warrant terms.
Why It Matters
- The amendment makes it cheaper for the warrant holder to buy Class A common shares during the specified window, which could lead to warrant exercises and issuance of additional shares under the existing warrant terms.
- For investors, warrant exercises can affect share count and dilution; this filing is a material financing-related change (Item 1.01) that may influence capitalization and liquidity depending on whether and how many warrants are exercised during the reduced-price period.