Visium issues $1.6M Series D preferred to retire debt with 40 accredited investors

VISIUM TECHNOLOGIES, INC.

Issued 1,597,868 shares of Series D Convertible Preferred Stock to 40 accredited investors (including officers) to cancel $1,597,868.39 in promissory notes and payables.
Each share has $1.00 stated value, 3% cumulative dividend (cash or PIK), convertible into common at $0.05 per share with broad-based anti-dilution adjustments.
Company may redeem shares at 103% of stated value plus accrued dividends upon any qualifying transaction (>$10M equity raise or change of control).
Liquidation preference ranks senior to common, Series A and B preferred, junior to Series AA and G preferred; no general voting rights.
Board authorized Certificate of Designation for up to 2,000,000 Series D shares, filed as Exhibit 3.1.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

VISIUM TECHNOLOGIES, INC. issued 1,597,868 shares of preferred stock to approximately forty (40) accredited investors and related parties (including certain officers) for full cancellation and satisfaction of $1,597,868.39 of outstanding indebtedness.

Security: preferred stock
Shares: 1,597,868 shares
Purchaser: approximately forty (40) accredited investors and related parties (including certain officers)
Consideration: full cancellation and satisfaction of $1,597,868.39 of outstanding indebtedness

Exact text from the filing

On April 14, 2026, Visium Technologies, Inc. (the “Company”) issued an aggregate of 1,597,868 shares of its newly designated Series D Callable Convertible Preferred Stock (the “Series D Preferred Stock”) to approximately forty (40) accredited investors and related parties (including certain officers) in exchange for the full cancellation and satisfaction of $1,597,868.39 of outstanding indebtedness.

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

VISIUM TECHNOLOGIES, INC.: Adopted Certificate of Designation for Series D Convertible Preferred Stock, amending the Articles of Incorporation to designate 2,000,000 shares of Series D Preferred Stock (effective 2026-04-14).

Change: charter amendment
Effective: 2026-04-14

Exact text from the filing

On April 14, 2026, the Board of Directors adopted, and on April 14, 2026, the Company executed, a Certificate of Designation of Preferences, Rights and Limitations of Series D Convertible Preferred Stock pursuant to Section 607.0602 of the Florida Business Corporation Act. The Certificate of Designation designates 2,000,000 shares of a new series of preferred stock with the preferences, rights, and limitations described in Item 3.02 above. The Certificate of Designation constitutes an amendment to the Company’s Articles of Incorporation.

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Source: SEC EDGAR

accession 0001654954-26-003578

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