$VTIX·8-K

Virtuix Holdings Inc. · Jun 30, 9:15 AM ET

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Virtuix Holdings Inc. 8-K

Research Summary

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Updated

Virtuix Holdings Inc. Amends Warrants; Lowers Exercise Price to $3.00

What Happened

  • On June 29, 2026, Virtuix Holdings Inc. (VTIX) entered into amendments with Streeterville Capital, LLC that change the exercise price on three outstanding warrants to purchase Class A common stock. The warrants amended are the Equity Financing Warrant (from Aug. 25, 2025) and two debt-financing warrants (dated Oct. 30, 2025 and Dec. 19, 2025). The reduced exercise price was changed from $4.00 to $3.00 per warrant share. The Reduced Exercise Price Period and the warrants’ expiration date remain July 27, 2026.

Key Details

  • Parties: Virtuix Holdings Inc. and Streeterville Capital, LLC.
  • New reduced exercise price: $3.00 per warrant share (previously $4.00 during the Reduced Exercise Price Period).
  • Warrants affected: Equity Financing Warrant and two Debt Financing Warrants (Aug. 25, 2025; Oct. 30, 2025; Dec. 19, 2025).
  • Expiration: July 27, 2026. Company can end the Reduced Exercise Price Period with two trading days’ written notice, at which point exercise price reverts to the Nasdaq Valuation Price. All other warrant terms unchanged.

Why It Matters

  • Lowering the exercise price makes it cheaper for the warrant holder to buy shares, increasing the likelihood they may exercise before the July 27, 2026 expiration and providing a potential near-term source of cash to Virtuix.
  • If exercised, these warrants would increase the company’s outstanding shares, which could dilute existing shareholders.
  • The amendment is time-limited and the company can terminate the reduced period on short notice, so the window for exercise is brief and conditional.

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