Virtuix Holdings Inc. (VTIX): debt financing — Virtuix exchanges $2.68M of 18% notes for new 6% note maturing July 2027

Virtuix Holdings Inc.

Exchanged $2,681,718.42 of prior 18% subordinated notes for a new 6% Exchange Note maturing July 1, 2027.
New note includes $242,883.49 OID and $10,000 transaction expenses in principal, deemed earned at closing.
Streeterville can require monthly redemptions up to $111,738.27 starting July 1, 2026, subject to price conditions.
Obligations guaranteed by subsidiary Virtuix Inc.; covenants restrict liens, debt, and equity issuances.
Exchange qualifies under Section 3(a)(9); Rule 144 holding period tacks to original issuance dates of prior notes.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Virtuix Holdings Inc. incurred loan of $2,681,718.42 with Streeterville Capital, LLC at 6% per annum, compounded daily maturing July 1, 2027.

Instrument: loan
Principal: $2,681,718.42
Counterparty: Streeterville Capital, LLC
Rate: 6% per annum, compounded daily
Maturity: July 1, 2027
Event: incurrence

Exact text from the filing

exchanged the Prior Notes for a new promissory note in the original principal amount of $2,681,718.42 (the “Exchange Note”)

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Virtuix Holdings Inc. entered into Exchange Agreement with Streeterville Capital, LLC valued at Exchange of Prior Notes for new promissory note in original principal amount of $2,681,718.42; inter (effective 2026-03-31).

Action: entry
Agreement: notes offering
Counterparty: Streeterville Capital, LLC
Value: Exchange of Prior Notes for new promissory note in original principal amount of $2,681,718.42; inter
Effective: 2026-03-31

Exact text from the filing

On March 31, 2026, Virtuix Holdings Inc. (the “Company”) entered into an Exchange Agreement (the “Exchange Agreement”) with Streeterville Capital, LLC, a Utah limited liability company (“Streeterville”).

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Virtuix Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-038889

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