Virtuix cuts warrant exercise price to $3.00
Virtuix Holdings Inc. entered into amendments with Streeterville Capital, LLC to change the exercise price on certain existing warrants for Class A Common Stock during a previously established reduced-price period.
Rhea-AI Filing Summary
Virtuix Holdings Inc. entered into amendments with Streeterville Capital, LLC to change the exercise price on certain existing warrants for Class A Common Stock during a previously established reduced-price period. The exercise price, which had been set at $4.00 per warrant share, is now $3.00 per warrant share while this Reduced Exercise Price Period remains in effect.
The warrants continue to expire on July 27, 2026, and all other terms remain unchanged. Virtuix may end the Reduced Exercise Price Period at any time by giving two trading days’ prior written notice, after which the exercise price reverts to the Nasdaq Valuation Price defined in the original warrants.
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8-K Event Classification
Key Figures
Key Terms
Material Definitive Agreement regulatory
Reduced Exercise Price Period financial
Nasdaq Valuation Price financial
Emerging Growth Company regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What change did Virtuix Holdings (VTIX) make to its warrants?
Who is the counterparty to Virtuix Holdings’ amended warrants?
How long do the amended Virtuix (VTIX) warrants remain outstanding?
Can Virtuix Holdings change the reduced warrant exercise price period early?
What happens to the Virtuix warrant price after the Reduced Exercise Price Period ends?
AI-generated analysis. How Rhea-AI works. Not financial advice.
Filing Exhibits & Attachments
6 documentsOther Documents
- EX-4.1 AMENDMENT TO WARRANT TO PURCHASE SHARES OF CLASS A COMMON STOCK (EQUITY FINANCIN 12.9 KB
- EX-4.2 AMENDMENT TO WARRANT TO PURCHASE SHARES OF CLASS A COMMON STOCK (SECOND DEBT FIN 13.1 KB
- EX-4.3 AMENDMENT TO WARRANT TO PURCHASE SHARES OF CLASS A COMMON STOCK (THIRD DEBT FINA 13.0 KB
- EX-101 XBRL SCHEMA FILE 2.9 KB
- EX-101 XBRL LABEL FILE 33.4 KB
- EX-101 XBRL PRESENTATION FILE 21.8 KB