secwatch.observer — SEC 8-K summary
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Issuer:     Virtuix Holdings Inc. (VTIX)
CIK:        0001606242
Form:       8-K
Filed at:   2026-10-06T20:30:12+00:00
Accession:  0001213900-26-107239
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Virtuix gets Nasdaq notice: MVLS under $50M minimum, 180-day cure period to March 29, 2027
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- Nasdaq Staff notified Virtuix on September 30, 2026 that MVLS fell below the $50,000,000 minimum under Listing Rule 5450(b)(2)(A) over Aug 18-Sep 29, 2026.
- Company also fails Rule 5450(b)(3)(A), the alternative total assets and total revenue standard for continued listing on the Nasdaq Global Market.
- Cure deadline is March 29, 2027; compliance is regained if MVLS closes at $50M or more for at least 10 consecutive business days.
- Notice has no immediate effect: Class A common stock continues trading on Nasdaq under 'VTIX'; if uncured, Staff would issue a delisting notice appealable to a Nasdaq Hearings Panel.
- Virtuix says it will monitor MVLS and may apply to transfer its listing to the Nasdaq Capital Market, subject to Nasdaq approval; no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606242/000121390026107239/0001213900-26-107239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606242/000121390026107239/ea0307795-8k_virtuix.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-107239

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