other material
confidence high
sentiment negative
materiality 0.60
Virtuix amends warrants to $4.00 exercise price, extends period to July 27, 2026
Virtuix Holdings Inc.
- Exercise price reduced from $6.00 to $4.00 per share for three warrants issued to Streeterville Capital.
- Reduced Exercise Price Period extended to warrant expiration date of July 27, 2026.
- Warrants amended: Equity Financing Warrant, Second Debt Financing Warrant, and Third Debt Financing Warrant.
- Company may terminate reduced price period with two trading days' notice, reverting to Nasdaq Valuation Price.
- Press release announces FY2026 earnings conference call on June 25, 2026; expects meaningful consumer growth.