secwatch.observer — SEC 8-K summary
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Issuer:     Virtuix Holdings Inc. (VTIX)
CIK:        0001606242
Form:       8-K
Filed at:   2026-04-02T23:59:59+00:00
Accession:  0001213900-26-038889
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Virtuix exchanges $2.68M of 18% notes for new 6% note maturing July 2027
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606242/000121390026038889/0001213900-26-038889-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606242/000121390026038889/ea0284651-8k_virtuix.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-038889

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