Streeterville reports 9.99% stake in Virtuix
Streeterville Capital LLC and related entities report beneficial ownership of 3,417,940 shares of Virtuix Holdings Inc. Class A common stock, equal to 9.99% of the class.
Rhea-AI Filing Summary
Streeterville Capital LLC and related entities report beneficial ownership of 3,417,940 shares of Virtuix Holdings Inc. Class A common stock, equal to 9.99% of the class. The stake is held through Streeterville Capital LLC, Streeterville Management, LLC, and John M. Fife.
The ownership arises from Convertible Promissory Notes, Pre-Paid Purchases under a Securities Purchase Agreement dated August 25, 2025, and Warrants, all subject to a 9.99% contractual ownership cap. The percentage is based on 34,213,618 shares outstanding as of January 26, 2026. The reporting persons certify the holdings are not for the purpose of changing or influencing control of Virtuix.
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Insights
Streeterville and affiliates disclose a capped 9.99% passive stake in Virtuix.
Streeterville Capital LLC, its manager Streeterville Management, LLC, and John M. Fife jointly report beneficial ownership of 3,417,940 Virtuix Class A shares, representing 9.99% of the outstanding class as of January 26, 2026.
The position stems from Convertible Promissory Notes, Pre-Paid Purchases under an August 25, 2025 Securities Purchase Agreement, and Warrants. These instruments collectively could exceed the current level but are constrained by a contractual ownership cap of 9.99%, limiting how much of Virtuix’s equity they may beneficially own.
The filers use a Schedule 13G and explicitly certify the securities are not held to change or influence control. This indicates a passive-reporting posture under the rules. Future ownership changes or instrument conversions would be expected to remain within the 9.99% cap unless that contractual limit is modified.
FAQ
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