Corporate GovernanceJul 29, 2026, 05:32 PM
Virtuix Amends 10-K to Include Part III Info; Updates Share Count
AI Summary
Virtuix Holdings Inc. filed an Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended March 31, 2026. This amendment includes the information required by Part III, Items 10 through 14, which was previously omitted, as the company will not file a definitive proxy statement within the required timeframe. The filing also updates the number of outstanding shares and details executive compensation, director information, and corporate governance structures.
Key Highlights
- Amendment No. 1 on Form 10-K/A filed to include Part III, Items 10-14, and amend Part IV, Item 15, of the original 10-K.
- The amendment was filed because the company will not file a definitive proxy statement within 120 days.
- As of July 28, 2026, 29,857,526 shares of Class A common stock and 4,000,000 shares of Class B common stock were outstanding.
- Lauren Premo was appointed Chief Marketing Officer in March 2026, previously Head of Marketing.
- Cameron Slayter was appointed Chief Product Officer in March 2026.
- The Board consists of seven directors, divided into three classes with staggered terms.
- Randolph Read, Parthkumar Jani, and Brett Moyer are determined to be independent directors.
- An Acquisition Committee was established on April 30, 2026, to review strategic transactions in the defense industry.
Price Impact
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