Virtuix Holdings Inc.

Virtuix Holdings Inc. pioneers movement in AI-generated worlds, both imaginary and real, as the creator of "Omni," a brand of omni-directional treadmills. These treadmills enable users to walk and run in 360 degrees within virtual reality ("VR") games, digital twins, and other applications. The company's technology operates at the intersection of gaming, fitness, and enterprise VR. Virtuix was formed in Delaware on December 20, 2013, and its Class A common stock began trading on the Nasdaq Global Market on January 27, 2026, following a direct listing. The company has introduced three generations of products, with its flagship product, Omni One, designed for home entertainment, combining full-body movement with immersive VR gaming and fitness. Virtuix operates a vertically integrated business covering product design, game development, manufacturing, and distribution, focusing on three key markets: consumer, enterprise, and defense. The company targets a gross margin of 40% on its hardware products, complemented by recurring revenues from software sales and subscriptions. Virtuix Holdings Inc. operates through four wholly owned subsidiaries: Virtuix Inc., a Delaware corporation formed on April 15, 2013, for VR hardware and software development; Virtuix Manufacturing Ltd. ("VML"), organized in Hong Kong on January 29, 2015; Virtuix Manufacturing (Zhuhai) Co., Ltd. ("VML_ZH"), a subsidiary of VML organized in China on July 28, 2016; and Virtuix Manufacturing Taiwan Ltd. ("VMT"), organized in Taiwan on January 17, 2023. The company also holds a 57.5% equity stake in Virtuix Arabia LLC, a subsidiary organized in the Kingdom of Saudi Arabia on June 13, 2024, which has not yet commenced operations. In July 2016, Virtuix formed Heroix VR (Shanghai) Co., Ltd. ("Heroix"), a Sino-foreign equity joint venture company established under the laws of the People's Republic of China and registered in Shanghai, with Hero Entertainment, a Chinese game publisher and esports operator, to develop active VR content and product bundles for the Chinese and U.S. markets.