secwatch / observer
8-K filed August 25, 2023, 7:59 PM ET ticker VISM CIK 0001082733
debt confidence high sentiment neutral materiality 0.50

VISIUM TECHNOLOGIES, INC. (VISM): debt financing — Visium Technologies issues $39,900 convertible note to 1800 Diagonal Lending LLC

VISIUM TECHNOLOGIES, INC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

VISIUM TECHNOLOGIES, INC. incurred convertible notes of $39,900 with 1800 Diagonal Lending LLC at 10% maturing 12 months after the date of issuance.

Instrument
convertible notes
Principal
$39,900
Counterparty
1800 Diagonal Lending LLC
Rate
10%
Maturity
12 months after the date of issuance
Event
incurrence
Exact text from the filing
On August 14, 2023, Visium Technologies, Inc. a Florida corporation (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with 1800 Diagonal Lending LLC, a Virginia limited liability company (the “Investor”), pursuant to which the Company issued to the Investor on that date a 10% Convertible Promissory Note (the “Note”) in the principal amount of $39,900
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

VISIUM TECHNOLOGIES, INC. entered into Purchase Agreement with 1800 Diagonal Lending LLC valued at $39,900 (effective 2023-08-14).

Action
entry
Agreement
notes offering
Counterparty
1800 Diagonal Lending LLC
Value
$39,900
Effective
2023-08-14
Exact text from the filing
On August 14, 2023, Visium Technologies, Inc. a Florida corporation (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with 1800 Diagonal Lending LLC, a Virginia limited liability company (the “Investor”), pursuant to which the Company issued to the Investor on that date a 10% Convertible Promissory Note (the “Note”) in the principal amount of $39,900 in exchange for a purchase price of $38,000.
View on SEC.gov

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VISIUM TECHNOLOGIES, INC. filing history →

Source: SEC EDGAR
accession 0001654954-23-011252
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