8-KFiled Aug 5, 8:00 PM ET
Virtuix Holdings Changes Auditor, Engages EisnerAmper (Aug 2026)
$VTIX · Virtuix Holdings Inc.Research Summary
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Virtuix Holdings Changes Auditor, Engages EisnerAmper (Aug 2026)
What Happened
- Virtuix Holdings, Inc. (VTIX) announced on August 4, 2026 that its Audit Committee approved an engagement letter with EisnerAmper LLP to serve as the company’s independent registered public accounting firm for the fiscal year ending March 31, 2027. Effective upon execution of the engagement letter, M&K CPAS, PLLC ceased serving as the company’s independent registered public accounting firm.
Key Details
- Engagement date: August 4, 2026; EisnerAmper engaged for fiscal year ending March 31, 2027.
- Prior auditor: M&K’s audit reports for fiscal years ended March 31, 2026 and March 31, 2025 contained no adverse opinions or disclaimers but did include an explanatory paragraph about the company’s ability to continue as a going concern.
- No disagreements or “reportable events” were reported between Virtuix and M&K for those fiscal years or the interim period prior to the auditor change.
- Virtuix did not consult EisnerAmper on accounting or audit matters prior to the engagement.
Why It Matters
- A change in independent auditor is material because the new firm will audit upcoming financial statements and issue opinions investors rely on.
- The prior auditors’ going-concern explanatory paragraph highlights that the company had expressed uncertainty about its ability to continue as a going concern in recent audits — a fact investors should track in future filings.
- The filing also states there were no disagreements with the former auditor, which reduces immediate concern about contested accounting treatments. Investors should watch subsequent quarterly and annual reports for EisnerAmper’s assessment and any updates to the company’s financial condition.