---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-26-003315"
form_type: "8-K"
ticker: "VISM"
cik: "0001082733"
company_name: "VISIUM TECHNOLOGIES, INC."
filed_at: "2026-04-07T23:59:59+00:00"
generated_at: "2026-05-15T06:58:31.177248+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Visium directors resign; board adopts strict conversion gates for Series A/B preferred

## Summary
- Directors Favata and Grbelja resigned all board/committee roles effective April 7, 2026; no disagreement cited.
- Certificates of Designation filed for Series A (50M shares, $750 stated, 1:1 convertible with floor at $0.035) and Series B (30M shares, $375 stated, 300:1 convertible).
- Series C Preferred (zero outstanding) cancelled; board adopted 11 non-waivable Conversion Gates as conditions precedent for any preferred stock conversion or transfer.
- Transfer agent Madison Stock Transfer instructed to enforce gates; no individual preferred holder records maintained.
- Actions part of board refresh related to March 29 LOI for strategic restructuring and acquisition transactions.

## SEC filing metadata
- accession: 0001654954-26-003315
- form_type: 8-K
- ticker: VISM
- cik: 0001082733
- company_name: VISIUM TECHNOLOGIES, INC.
- filed_at: 2026-04-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 5.03, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1082733/000165495426003315/0001654954-26-003315-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1082733/000165495426003315/vism_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-26-003315
- JSON: https://secwatch.observer/filing/0001654954-26-003315.json
- Plain text: https://secwatch.observer/filing/0001654954-26-003315.txt

## Source-grounded claims
- claim_id: 2066e267c804fca023de7905a10a0bc8b7e42858
  claim: VISIUM TECHNOLOGIES, INC.: Cancellation of Series C Convertible Preferred Stock and revocation of associated Certificate of Designation (effective 2026-04-07).
  evidence_excerpt: The Board also cancelled the Series C Convertible Preferred Stock (zero shares issued and outstanding) in its entirety and revoked any associated Certificate of Designation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1082733/000165495426003315/0001654954-26-003315-index.htm
- claim_id: 33f9a8f5139407b12d134d9720d8d0760ad6f795
  claim: VISIUM TECHNOLOGIES, INC.: Filing of Certificates of Designation for Series A and Series B Convertible Preferred Stock, formalizing historical designations under Florida law and amending the Articles of Incorporation (effective 2026-04-07).
  evidence_excerpt: On April 7, 2026, the Board, acting pursuant to Fla. Stat. §§ 607.0602 and 607.1006 and the Company’s governing documents, approved, adopted, and authorized the immediate filing with the Florida Department of State, Division of Corporations, of (i) the Certificate of Designation of Series A Convertible Preferred Stock and (ii) the Certificate of Designation of Series B Convertible Preferred Stock (collectively, the “Certificates of Designation”). These filings constitute amendments to the Company’s Articles of Incorporation
  evidence_url: https://www.sec.gov/Archives/edgar/data/1082733/000165495426003315/0001654954-26-003315-index.htm

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