Virtuix Holdings, which develops treadmills for VR/AR gaming and fitness purposes, is set to begin trading on the Nasdaq on Tuesday, January 27, under the ticker VTIX in connection with its direct listing. Maxim Group LLC acted as financial advisor on the listing.
The Registered Stockholders plan to sell up to 34.2 million shares. The shares of common stock listed will be sold by existing shareholders; Virtuix will not raise new capital in its listing.
The Reference Price will be determined by the Nasdaq and the advisor based on buy and sell orders. For the year ended March 31, 2025, the company disclosed a volume-weighted average share price of approximately $5.41. If the company listed its shares at that price, it would be valued at $221 million.
Virtuix specializes in omni-directional treadmills for virtual reality applications, offering products like Omni One (67% 1H25 revenue), Omni Arena (22%), Omni Care (5%), Omniverse (4%), and Omni Pro (2%) across consumer, enterprise, and defense markets. The Austin, TX-based company was founded in 2013 and booked $5 million in revenue for the 12 months ended September 30, 2025. It has shipped over 4,000 Omni Pro units to more than 45 countries, installed 80 Omni Arena systems in US entertainment centers with a player base of over 500,000, and delivered 1,800 Omni One units since its launch in September 2024. Additionally, Virtuix operates a production facility in Zhuhai, China.
