Virtuix lowers Streeterville warrants exercise price to $2.5 through Aug. 27, 2026
VTIX•Virtuix amends Streeterville warrants
- Virtuix amended three Streeterville Capital warrants, cutting the exercise price to $2.50 per share from $3.00 during July 21-Aug. 27, 2026.
- The reduced-price window ends Aug. 27, 2026, with automatic one-month extensions for up to four months unless a board committee blocks renewal.
- Virtuix can terminate the reduced-price period with two trading days’ notice, resetting the exercise price to the Nasdaq Valuation Price under the original warrants.
- The amendments also extend the warrants’ expiration date to Aug. 27, 2026, with the same automatic extension mechanism.
