Virtuix Holdings Inc. entered into amendments with Streeterville Capital, LLC to extend a temporary reduced exercise price for three outstanding warrants. The agreement aims to incentivize the exercise of these warrants by maintaining a lower price for an additional 90 days.
Key Details
- Agreement: On March 11, 2026, the company amended three warrants held by Streeterville Capital, LLC, which were originally issued in August, October, and December of 2025.
- Terms: The amendments extend the "Reduced Exercise Price Period," setting the exercise price at $6.00 per share for an additional 90 days, from March 12, 2026, to June 10, 2026.
- Termination Clause: Virtuix may terminate the reduced price period at any time with two trading days' prior written notice, at which point the exercise price will revert to the original Nasdaq Valuation Price.