---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-035608"
form_type: "8-K"
ticker: "INVU"
cik: "0000862651"
company_name: "Investview, Inc."
filed_at: "2023-10-04T23:59:59+00:00"
generated_at: "2026-06-10T05:06:55.239845+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Investview buys back 11.49% of shares from founders for $2.9M; outstanding reduced to 2.33B

## Summary
- Purchased 302,919,223 shares (11.49% of outstanding) from founders Mario Romano and Annette Raynor for $2,922,380 ($0.00965/share).
- Outstanding shares reduced from 2,636,275,719 to 2,333,356,496; CEO calls buyback opportunistic.
- Purchase price paid via 8 quarterly promissory note payments; first payment due within 7 days.
- Founders received $250,000 expense allowance and up to $20,000 legal fees; agreed to standstill and release.
- Founders resigned as consultants and waived future indemnification from the company.

## SEC filing metadata
- accession: 0001493152-23-035608
- form_type: 8-K
- ticker: INVU
- cik: 0000862651
- company_name: Investview, Inc.
- filed_at: 2023-10-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/862651/000149315223035608/0001493152-23-035608-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862651/000149315223035608/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-035608
- JSON: https://secwatch.observer/filing/0001493152-23-035608.json
- Plain text: https://secwatch.observer/filing/0001493152-23-035608.txt

## Key facts
- Material Agreements
  Investview, Inc. entered into Stock Purchase and Release Agreement with Mario Romano, Annette Raynor, and a series of their family members and related entities valued at $2,922,380 (effective 2023-09-18).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Mario Romano, Annette Raynor, and a series of their family members and related entities
  - Value: $2,922,380
  - Effective: 2023-09-18
  source text: Investview, Inc. (the “Company”) closed on the purchase in a private transaction of shares of its common stock under the terms of a Stock Purchase and Release Agreement dated September 18, 2023 (the “Agreement”). Under the Agreement, the Company purchased for surrender in a series of private transactions, an aggregate of 302,919,223 shares of the Company’s common stock (the “Purchased Shares”) from sellers consisting of Mario Romano, Annette Raynor, and a series of their family members and related entities (collectively, the “Sellers”). The Purchased Shares were purchased for aggregate consideration of $2,922,380, representing a price of $0.00964739 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/862651/000149315223035608/0001493152-23-035608-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.