secwatch.observer — SEC 8-K summary
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Issuer:     VISIUM TECHNOLOGIES, INC. (VISM)
CIK:        0001082733
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001654954-26-004112
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Visium Technologies forms acquisition subsidiary PTNA; targets AI Capital UK and Indonesia
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- Board authorized formation of PTNA Acquisition Corp., a bankruptcy-remote Delaware C-Corp wholly owned subsidiary.
- Primary acquisition targets are AI Capital UK and AI Capital Indonesia, to be acquired through PTNA as separate transactions.
- PTNA authorized 10 million common shares and 5 million blank-check preferred shares; initial capitalization of $10,000.
- Formation to be completed within 14 business days from April 27, 2026, with expedited filings and governance protocols.
- Subsidiary structured to support future S-1 registration and Nasdaq listing after completion of AI Capital transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1082733/000165495426004112/0001654954-26-004112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1082733/000165495426004112/vism_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-004112

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