debt
confidence high
sentiment neutral
materiality 0.65
Visium amends convertible note agreements, issues 129.6M warrants to investors
VISIUM TECHNOLOGIES, INC.
- Amended $810,000 promissory notes: waived interim payments, extended registration deadline to Oct 31, 2022.
- Issued warrants to purchase 129,600,000 shares of common stock at $0.001 per share (or uplist offering price).
- Warrants exercisable for five years; cashless exercise permitted under certain conditions.
- Notes bear 8% interest, mature Feb/Mar 2023, convertible at $0.0018 per share.