Virtuix (NASDAQ: VTIX) lowers warrant exercise price and schedules FY 2026 results call
Rhea-AI Filing Summary
Virtuix Holdings Inc. amended multiple warrants held by Streeterville Capital to buy Class A common stock. The amendments reduce the exercise price from $6.00 to $4.00 per warrant share and extend the reduced pricing period through the warrants’ July 27, 2026 expiration, although the company can end this period with two trading days’ notice, after which pricing reverts to the Nasdaq Valuation Price in the original warrants.
The company also announced it will hold a conference call on June 25, 2026 at 8:30 a.m. Eastern time to discuss results for the fiscal year ended March 31, 2026 and provide a business update.
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Insights
Virtuix reprices key investor warrants and schedules a full-year results call.
The warrant amendments lower the exercise price from $6.00 to $4.00 per share and keep this reduced price in place until July 27, 2026. This may make warrant exercises more attractive, potentially influencing future share issuance and cash inflows.
The company retained flexibility by allowing itself to terminate the reduced pricing with two trading days’ notice, after which the exercise price reverts to the Nasdaq Valuation Price defined in the original warrants. Separately, a fiscal year 2026 results call on June 25, 2026 will provide more detail on operating performance and outlook.
8-K Event Classification
Key Figures
Key Terms
Material Definitive Agreement regulatory
warrants financial
Reduced Exercise Price Period financial
Nasdaq Valuation Price financial
Regulation FD Disclosure regulatory
forward-looking statements regulatory
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Item 1.01. Entry into a Material Definitive Agreement.
On June 1, 2026, Virtuix Holdings Inc. (the “Company”) entered into amendments to each of the following warrants to purchase shares of Class A Common Stock (collectively, the “Warrant Amendments”) with Streeterville Capital, LLC (the “Investor”) amending the exercise price and extending the Reduced Exercise Price Period (as defined below) to each such warrant:
| ● | Amendment to the Equity Financing Warrant issued pursuant to the Securities Purchase Agreement dated August 25, 2025 (the “Equity Financing Warrant”); |
| ● | Amendment to the Warrant to Purchase Shares of Class A Common Stock, dated as of October 30, 2025 (the “Second Debt Financing Warrant”); and |
| ● | Amendment to the Warrant to Purchase Shares of Class A Common Stock, dated as of December 19, 2025 (the “Third Debt Financing Warrant”). |
Each of the warrants listed above was previously amended to establish a reduced exercise price period (the “Reduced Exercise Price Period”) during which the exercise price was amended to $6.00 per Warrant share. The Warrant Amendments amend the exercise price to $4.00 per Warrant share and extend the Reduced Exercise Price Period to the expiration date of the warrants of July 27, 2026. Notwithstanding the foregoing, the Company may terminate the Reduced Exercise Price Period at any time upon two (2) trading days’ prior written notice to the Investor, whereupon the exercise price will revert to the Nasdaq Valuation Price as set forth in the applicable original warrant.
All other terms and conditions of the warrants remain unchanged and in full force and effect.
The foregoing description of the Warrant Amendments does not purport to be complete and is qualified in its entirety by reference to the full text of each Warrant Amendment, copies of which are filed as Exhibits 4.1, 4.2 and 4.3 to this Current Report on Form 8-K and are incorporated herein by reference.
Item 7.01. Regulation FD Disclosure.
On June 2, 2026, the Company issued a press release (the “Press Release”) announcing that it will host a conference call on June 25, 2026, at 8:30 a.m. Eastern time to discuss the Company’s results for the fiscal year ended March 31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. The information in this Item 7.01, including Exhibit 99.1, shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements, Pro Forma Financial Information, and Exhibits.
(d) Exhibits
| 4.1 | Amendment to Warrant to Purchase Shares of Class A Common Stock (Equity Financing Warrant), dated June 1, 2026 | |
| 4.2 | Amendment to Warrant to Purchase Shares of Class A Common Stock (Second Debt Financing Warrant), dated June 1, 2026 | |
| 4.3 | Amendment to Warrant to Purchase Shares of Class A Common Stock (Third Debt Financing Warrant), dated June 1, 2026 | |
| 99.1 | Press Release, dated June 2, 2026. | |
| 104 | Cover Page Interactive File (the cover page XBRL tags are embedded in the Inline XBRL document). |
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: June 2, 2026
| VIRTUIX HOLDINGS INC. | ||
| By: | /s/ Jan Goetgeluk | |
| Jan Goetgeluk | ||
| Chief Executive Officer | ||
| (Principal Executive Officer) | ||
2
Exhibit 99.1
Virtuix to Host Fiscal Year 2026 Results Conference Call on Thursday, June 25, 2026, at 8:30 a.m. Eastern Time
AUSTIN, TEXAS – June 2, 2026 – Virtuix Inc. (NASDAQ: VTIX), a leading developer of AI-driven, full-body virtual reality systems, will hold a conference call on Thursday, June 25, 2026, at 8:30 a.m. Eastern time to discuss its results for the fiscal year 2026 ended March 31, 2026. Virtuix will provide an update on the company’s accelerating momentum across its consumer, defense, and international growth initiatives, including recent milestones in AI-driven military simulation and progress on key strategic initiatives expected to support future growth. A press release detailing these results will be issued prior to the call.
Jan Goetgeluk, Virtuix’s Chief Executive Officer and Chairman, and Thomas McGinnis, Chief Financial Officer, will host the conference call and present a detailed overview of the company’s fiscal year performance, recent commercial traction, outlook for fiscal year 2027, and key growth initiatives across consumer gaming, defense training, and healthcare applications designed to support long-term shareholder value creation. The presentation will be followed by a question-and-answer period.
“We expect to report meaningful growth in our consumer business, reflecting continued demand for our immersive technology platform,” said Thomas McGinnis, CFO of Virtuix. “Together with the traction we are seeing across our expanding defense business, we believe Virtuix is entering the new fiscal year with strong operational momentum.”
To access the call, please use the following information:
| Date: | Thursday, June 25, 2026 |
| Time: | 8:30 a.m. Eastern time (5:30 a.m. Pacific time) |
| Dial-in: | 1-877-425-9470 |
| International Dial-in: | 1-201-389-0878 |
| Conference Code: | 13760097 |
| Webcast: | https://viavid.webcasts.com/starthere.jsp?ei=1766022&tp_key=b6a9b62346 |
A telephone replay will be available approximately three hours after the call and will run through July 9, 2026, by dialing 1-844-512-2921 from the U.S., or 1-412-317-6671 from international locations, and entering replay pin number: 13760997. The replay can also be viewed through the webcast link above, and the presentation utilized during the call will be available on the Company’s investor relations website here.
About Virtuix
Virtuix Inc. (NASDAQ: VTIX) is a leading manufacturer of AI-driven, full-body virtual reality systems for consumer, enterprise, healthcare, and defense markets. The company’s premier portfolio of “Omni” omni-directional treadmills enables users to walk and run in 360 degrees inside video games and other immersive virtual reality applications. With a commitment to innovation, Virtuix continues to push the boundaries of XR, spatial computing, and AI-driven immersive experiences. For more information, visit virtuix.com.
Please visit the Company’s new Investor Relations website at invest.virtuix.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “could,” “would,” “potential” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements in this press release include, without limitation, statements regarding the Company’s plans to pursue strategic acquisitions, the potential benefits of any such acquisition, the expected synergies, the potential impact on revenues or shareholder value, and the Company’s position in the defense training market. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the Company’s ability to identify, negotiate, and complete acquisitions on favorable terms or at all; the ability to successfully integrate any acquired business; risks related to government contracting, including contract cancellations, modifications, or funding changes; the uncertainties related to market conditions; and other factors discussed in the “Risk Factors” section of the Company’s registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
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Company Contact
Lauren Premo
Virtuix Inc.
press@virtuix.com
Investor Relations Contact
Chris Tyson
MZ Group
Direct: 949-491-8235
VTIX@mzgroup.us
FAQ
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Filing Exhibits & Attachments
7 documentsPress Releases
Other Documents
- EX-4.1 AMENDMENT TO WARRANT TO PURCHASE SHARES OF CLASS A COMMON STOCK (EQUITY FINANCIN 12.7 KB
- EX-4.2 AMENDMENT TO WARRANT TO PURCHASE SHARES OF CLASS A COMMON STOCK (SECOND DEBT FIN 12.9 KB
- EX-4.3 AMENDMENT TO WARRANT TO PURCHASE SHARES OF CLASS A COMMON STOCK (THIRD DEBT FINA 12.9 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