---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-009790"
form_type: "8-K"
ticker: "VISM"
cik: "0001082733"
company_name: "VISIUM TECHNOLOGIES, INC."
filed_at: "2025-08-19T23:59:59+00:00"
generated_at: "2026-05-17T11:20:01.167012+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Visium Technologies issues $120K convertible note to Labrys Fund with 20% OID and 750K commitment shares

## Summary
- Issued $120,000 convertible promissory note to Labrys Fund II, L.P. for $100,000 cash (20% original issue discount).
- Note bears 15% interest, matures August 2026, convertible only upon default at 65% of lowest closing bid price over prior 10 trading days.
- Issued 750,000 commitment shares of common stock as additional consideration.
- Note includes 4.99% beneficial ownership limitation, increaseable to 9.99% on 61 days' notice.
- Securities issued under Section 4(a)(2) and Rule 506(b) exemption from registration.

## SEC filing metadata
- accession: 0001654954-25-009790
- form_type: 8-K
- ticker: VISM
- cik: 0001082733
- company_name: VISIUM TECHNOLOGIES, INC.
- filed_at: 2025-08-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1082733/000165495425009790/0001654954-25-009790-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1082733/000165495425009790/vism_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-009790
- JSON: https://secwatch.observer/filing/0001654954-25-009790.json
- Plain text: https://secwatch.observer/filing/0001654954-25-009790.txt

## Key facts
- Debt Financings
  VISIUM TECHNOLOGIES, INC. incurred convertible notes of $120,000 with Labrys Fund II, L.P. at 15% per annum maturing twelve (12) months from the issue date.
  - Instrument: convertible notes
  - Principal: $120,000
  - Counterparty: Labrys Fund II, L.P.
  - Rate: 15% per annum
  - Maturity: twelve (12) months from the issue date
  - Event: incurrence
  source text: On August 13, 2025, Visium Technologies, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Labrys Fund II, L.P. (the “Buyer”). Pursuant to the Purchase Agreement, the Company issued to the Buyer a Convertible Promissory Note (the “Note”) in the principal amount of $120,000, for a purchase price of $100,000, reflecting an original issue discount of $20,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1082733/000165495425009790/0001654954-25-009790-index.htm

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