Corporate ActionJun 30, 2026, 09:22 AM
Virtuix Holdings Amends Warrants, Exercise Price Reduced to $3.00
AI Summary
On June 29, 2026, Virtuix Holdings Inc. entered into amendments with Streeterville Capital, LLC for three warrants to purchase Class A Common Stock. The amendments reduce the exercise price of these warrants from $4.00 to $3.00 per share. The Reduced Exercise Price Period and the July 27, 2026 expiration date remain unchanged, though the company retains the right to terminate the reduced price period with two trading days' notice.
Key Highlights
- Virtuix Holdings Inc. amended three warrants with Streeterville Capital, LLC.
- The exercise price for the warrants was reduced from $4.00 to $3.00 per share.
- Amendments apply to the Equity Financing, Second Debt Financing, and Third Debt Financing Warrants.
- The Reduced Exercise Price Period for the warrants remains unchanged.
- The expiration date of the warrants remains July 27, 2026.
- Company can terminate the reduced exercise price period with two trading days' notice.
Price Impact
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