secwatch.observer — SEC 8-K summary
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Issuer:     VISIUM TECHNOLOGIES, INC. (VISM)
CIK:        0001082733
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001654954-26-003620
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Visium Tech creates Series E Preferred at $750/sh for ConnexUs AI acquisition; 40% dilution
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- Series E Preferred: stated value $750, converts at $0.05 per share; each share yields 15,000 common shares.
- Represents 40% of fully diluted equity post-close; cumulative 8% dividend payable quarterly.
- Issued to accredited investors under Rule 506; no general solicitation. Filed with Florida SOS.
- Board also approved call right at 103% after $10M+ Qualifying Transaction.
- Company expects definitive agreement and closing pending execution of Stock Purchase Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1082733/000165495426003620/0001654954-26-003620-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1082733/000165495426003620/vism_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-003620

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer