Item 2. Properties
Item 2. Properties.
Our corporate headquarters is located at 11500
Metric Blvd, Suite 430, Austin, Texas 78758, where we lease approximately 8,160 square feet of office and warehouse space under an operating
lease that expires on November 30, 2029. Monthly base rent under this lease is currently $14,960, escalating annually up to $18,204.
Our China subsidiary, Virtuix Manufacturing (Zhuhai)
Co., Ltd., leases office, warehouse, and storage space at 8 Pingdong 2nd Road, Nanping Science Park, Zhuhai, Guangdong, China 519060,
under an operating lease that expires on December 31, 2026. Monthly base rent under this lease is currently $11,972. We also maintain
a month-to-month apartment lease in China.
Our Hong Kong subsidiary, Virtuix Manufacturing
Limited, leases office space at Unit 19, 12/F, Fortune Commercial Building, 362 Sha Tsui Road, Tsuen Wan, New Territories, Hong Kong,
under leases expiring in June and July 2027.
The registered office of Virtuix Manufacturing
Taiwan Ltd., our Taiwan subsidiary, is located at 6F, No. 81, Sec. 3, Cheng-Gong Road, Neihu District, Taipei, Taiwan 114.
We do not own any real property. We believe that
our existing facilities are adequate to meet our current needs and that suitable additional or substitute space will be available as
needed to accommodate any future expansion of our operations.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.