Virtuix Holdings Faces Nasdaq Delisting Risk Over Market Value
Virtuix Holdings Inc. received a formal notice from The Nasdaq Stock Market LLC on September 30, 2026, stating that the company no longer satisfies the minimum market value of listed securities requirement for continued…
Virtuix Holdings Inc. received a formal notice from The Nasdaq Stock Market LLC on September 30, 2026, stating that the company no longer satisfies the minimum market value of listed securities requirement for continued listing on the Nasdaq Global Market. The notification, issued by Nasdaq's Listing Qualifications Department, highlights that Virtuix failed to meet the $50,000,000 threshold under Nasdaq Listing Rule 5450(b)(2)(A) based on a review of its market value over the 30 consecutive business days from August 18 to September 29, 2026. The notice also indicates that the company does not meet the alternative total assets and total revenue standard specified in Nasdaq Listing Rule 5450(b)(3)(A).
The development does not immediately affect the trading of Virtuix's Class A common stock, which will continue to trade on the Global Market under the ticker symbol VTIX. The company has been granted a compliance period of 180 calendar days, extending until March 29, 2027, to regain adherence to the market value requirement. To restore its listing status during this window, Virtuix must achieve a closing market value of listed securities of at least $50,000,000 for a minimum of ten consecutive business days. If this milestone is met before the deadline, Nasdaq staff will provide written confirmation of compliance.
Should Virtuix fail to regain compliance by March 29, 2027, the company will receive written notification that its securities are subject to delisting. At that stage, Virtuix may appeal the determination to a Nasdaq Hearings Panel or consider applying for a transfer to The Nasdaq Capital Market. The company has stated it intends to actively monitor its market value and evaluate available options to resolve the deficiency, including a potential transfer to the Capital Market, subject to Nasdaq approval. However, Virtuix notes there can be no assurance it will be able to regain or maintain compliance with Nasdaq's continued listing requirements.
The Form 8-K filing was signed by Jan Goetgeluk, Chief Executive Officer of Virtuix Holdings Inc., on October 6, 2026. The report includes forward-looking statements regarding the company's ability to regain compliance, which are subject to risks and uncertainties described in previous Securities and Exchange Commission filings. Actual results may differ materially from those expressed or implied in the current report.