Visium Technologies creates Series G Preferred, adopts remediation plan for legacy Series A/B

VISIUM TECHNOLOGIES, INC.

Board created Series G Preferred Stock ranking senior to Series A/B, issued 4 shares to accredited investors for nominal consideration.
Remediation Plan offers qualifying Series A/B holders cash redemption ($0.0625/Series A share; max $874,521) or exchange for common stock.
Company concluded conversion probability is remote; Series A/B excluded from diluted EPS under ASC 260-10-45-25.
Plan requires production of original 2015-2016 PPM and proof of $0.25/share payment; non-qualifying holders get no consideration.
Company intends to file declaratory judgment action in Palm Beach County to confirm validity of these actions.

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 Four shares of preferred stock to certain accredited investors who are existing Series AA Preferred Stock holders and/or affiliates of the Company for aggregate nominal consideration.

Security: preferred stock
Shares: Four shares
Purchaser: certain accredited investors who are existing Series AA Preferred Stock holders and/or affiliates of the Company
Consideration: aggregate nominal consideration

Exact text from the filing

On April 14, 2026, the Company issued Four shares of its Series G Governing Preferred Stock, par value $0.001 per share, to certain accredited investors who are existing Series AA Preferred Stock holders and/or affiliates of the Company, for aggregate nominal consideration.

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

VISIUM TECHNOLOGIES, INC.: Established Series G Preferred Stock via Certificate of Designation, amending Articles of Incorporation (effective 2026-04-14).

Change: charter amendment
Effective: 2026-04-14

Exact text from the filing

On April 14, 2026, the Board of Directors of Visium Technologies, Inc. (the “Company”), 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 the Certificate of Designation of Series G Governing Preferred Stock (the “Series G CoD”).

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VISIUM TECHNOLOGIES, INC. filing history →

Source: SEC EDGAR

accession 0001654954-26-003579

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