---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-007755"
form_type: "8-K"
ticker: "VISM"
cik: "0001082733"
company_name: "VISIUM TECHNOLOGIES, INC."
filed_at: "2023-06-07T23:59:59+00:00"
generated_at: "2026-06-14T05:36:54.738912+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Visium Technologies enters $52,805 convertible loan with 1800 Diagonal Lending; net proceeds $40k

## Summary
- Net loan proceeds of $40,000 after 15% OID ($8,055) and $4,250 expense reimbursement.
- Note: $52,805 principal, 17% one-time interest ($8,976), total payback $61,781 over 8 installments.
- Upon default, conversion price at 58% of lowest 20-day trading price; company must reserve 6x conversion shares.
- Default triggers 150% of outstanding plus 22% default interest.
- Loan issued under Section 4(a)(2) exemption; no registration.

## SEC filing metadata
- accession: 0001654954-23-007755
- form_type: 8-K
- ticker: VISM
- cik: 0001082733
- company_name: VISIUM TECHNOLOGIES, INC.
- filed_at: 2023-06-07T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1082733/000165495423007755/0001654954-23-007755-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1082733/000165495423007755/vism_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-007755
- JSON: https://secwatch.observer/filing/0001654954-23-007755.json
- Plain text: https://secwatch.observer/filing/0001654954-23-007755.txt

## Key facts
- Material Agreements
  VISIUM TECHNOLOGIES, INC. entered into Securities Purchase Agreement with 1800 Diagonal Lending, LLC valued at principal amount of $52,805 (effective 2023-06-01).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: 1800 Diagonal Lending, LLC
  - Value: principal amount of $52,805
  - Effective: 2023-06-01
  source text: On June 1, 2023, we entered into a Securities Purchase Agreement with 1800 Diagonal Lending, LLC, an accredited investor (“the Lender”), pursuant to which the Lender made a loan to us, evidenced by promissory note in the principal amount of $52,805 (the “Note”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1082733/000165495423007755/0001654954-23-007755-index.htm

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