$VTIX·8-K

Virtuix Holdings Inc. · Mar 12, 9:00 AM ET

Virtuix Holdings Inc. 8-K

Research Summary

AI-generated summary

Updated

Virtuix Holdings Inc. Extends Reduced Warrant Exercise Price Period

What Happened Virtuix Holdings Inc. (VTIX) filed a Form 8-K (Item 1.01) disclosing that on March 11, 2026 it amended three warrants held by Streeterville Capital, LLC to extend a previously established Reduced Exercise Price Period. The extension covers the Equity Financing Warrant (Securities Purchase Agreement dated Aug. 25, 2025), the Second Debt Financing Warrant (Oct. 30, 2025) and the Third Debt Financing Warrant (Dec. 19, 2025). During the extended period the exercise price remains reduced to $6.00 per warrant share.

Key Details

  • Amendment date: March 11, 2026; Reduced Exercise Price Period extended to commence March 12, 2026 and end June 10, 2026 (additional 90 days).
  • Reduced exercise price during the period: $6.00 per warrant share.
  • Counterparty: Streeterville Capital, LLC.
  • Company can terminate the Reduced Exercise Price Period at any time with two trading days’ prior written notice, after which the exercise price reverts to the Nasdaq Valuation Price per the original warrants. All other warrant terms remain unchanged.

Why It Matters For investors, this change affects potential dilution and the price at which Streeterville can convert warrants into Class A common stock over the extended window. A lower exercise price ($6.00) makes conversion more attractive during the period, while the company’s ability to end the reduced-price window on short notice preserves flexibility to revert to the original Nasdaq-linked pricing.

Loading document...