VirnetX Holding Corp

VirnetX Holding Corp has entered into an At the Market Offering Agreement with Titan Partners Securities LLC, allowing the company to sell up to $19,135,717 of its common stock. The net proceeds from these sales are intended for product development, marketing, and general corporate purposes, including working capital and capital expenditures. The agreement allows the company to sell shares from time to time through the Agent, which will use commercially reasonable efforts to sell the shares. VirnetX will pay a commission of 3.0% on gross sales.

VirnetX Holding Corporation held its 2026 Annual Meeting of Stockholders where they approved an amendment to the 2013 Equity Incentive Plan, increasing the number of shares reserved for issuance by 1,000,000. Additionally, stockholders elected two Class I directors, ratified Farber Hass Hurley LLP as the independent registered accounting firm for 2026, and approved the compensation of named executive officers on an advisory basis. The meeting achieved a quorum with 63.06% of the voting power present.

VirnetX Holding Corp reported a net loss of $4.35 million for the first quarter of 2026, an increase from $3.68 million in the prior year, with no revenue generated in either period. The company's management expressed substantial doubt about its ability to continue as a going concern, citing insufficient cash and cash equivalents for current operations over the next twelve months. Plans to address this include pursuing additional revenue and capital, likely through equity offerings.

VirnetX Holding Corporation announced its 2026 Annual Meeting of Stockholders will be held virtually on Thursday, June 11, 2026, at 10:00 a.m. Pacific Time. Stockholders as of the April 16, 2026 record date will vote on the election of two Class I directors, ratification of the independent auditor, an advisory vote on executive compensation, and an amendment to the 2013 Equity Incentive Plan to increase the share reserve. Proxy materials were made available online around April 24, 2026.