Virtuix Holdings (VTIX) extends $6.00 warrant exercise period 90 days
Filing Impact
Filing Sentiment
Form Type
424B5
Rhea-AI Filing Summary
Virtuix Holdings Inc. registers the resale of up to 34,213,618 shares of Class A common stock in connection with its direct listing on the Nasdaq Global Market.
The Sticker Supplement updates the Prospectus to disclose amendments to warrants held by Streeterville Capital, LLC that extend a reduced exercise price period to $6.00 per warrant share for an additional 90 days from March 12, 2026 through June 10, 2026, subject to earlier termination on two trading days' written notice. All other warrant terms remain unchanged.
Positive
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Negative
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FAQ
What does the VTIX Sticker Supplement register?
The Sticker Supplement registers the resale of up to 34,213,618 shares of Class A common stock by identified stockholders in connection with the company's direct listing on the Nasdaq Global Market. The shares are Class A common stock, par value $0.001 per share.
What change was made to the warrants held by Streeterville Capital (VTIX)?
The company amended warrants held by Streeterville Capital, LLC to extend the Reduced Exercise Price Period so the exercise price is reduced to $6.00 per warrant share for an additional 90 days from March 12, 2026 through June 10, 2026.
Can the company end the reduced exercise price early?
Yes. The company may terminate the Reduced Exercise Price Period at any time upon two trading days' prior written notice, whereupon the exercise price will revert to the Nasdaq Valuation Price specified in the original warrant instrument.
Does the Sticker Supplement change other warrant terms or the Prospectus?
All other terms and conditions of the amended warrants remain unchanged and in full force and effect. The Sticker Supplement also modifies and supersedes parts of the Prospectus as stated and should be read together with the Prospectus and prior supplements.
