other material
confidence high
sentiment neutral
materiality 0.50
Visium amends 8-K: no Series G preferred shares issued; designation deleted
VISIUM TECHNOLOGIES, INC.
- Board determined no Series G Governing Preferred Stock issued on April 14, 2026 or any time; prior 8-K statement erroneous.
- Series G Certificate of Designation deleted; 100 authorized shares revert to undesignated preferred status.
- Series A and Series B Convertible Preferred remain outstanding on original terms; no subordination or amendment.
- Remediation Plan for Series A/B in April 8-K withdrawn as Board program; diluted EPS per ASC 260 without Series G.