---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-011252"
form_type: "8-K"
ticker: "VISM"
cik: "0001082733"
company_name: "VISIUM TECHNOLOGIES, INC."
filed_at: "2023-08-25T23:59:59+00:00"
generated_at: "2026-06-11T03:18:25.507679+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Visium Technologies issues $39,900 convertible note to 1800 Diagonal Lending LLC

## Summary
- Principal amount $39,900 at 10% interest; net proceeds of $33,000 after OID and expenses.
- Note matures in 12 months; convertible into common stock at $1.50/share for first 180 days, then at 65% of lowest trading price.
- Prepayment penalties: 120% if paid within 60 days, 125% if paid within 61-180 days.
- Proceeds to be used for general working capital purposes.
- Company reimbursed investor $5,000 for legal and due diligence fees.

## SEC filing metadata
- accession: 0001654954-23-011252
- form_type: 8-K
- ticker: VISM
- cik: 0001082733
- company_name: VISIUM TECHNOLOGIES, INC.
- filed_at: 2023-08-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1082733/000165495423011252/0001654954-23-011252-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1082733/000165495423011252/vism_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-011252
- JSON: https://secwatch.observer/filing/0001654954-23-011252.json
- Plain text: https://secwatch.observer/filing/0001654954-23-011252.txt

## Key facts
- Debt Financings
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1082733/000165495423011252/0001654954-23-011252-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1082733/000165495423011252/0001654954-23-011252-index.htm

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