Cheddi Rai
Effective upon execution of the Release Agreement on June 8, 2026, Cheddi Rai resigned from any and all officer, director, employee, consultant, or other positions with Visium Technologies, Inc. and its subsidiaries and affiliates.
Highest-materiality recent filing
Visium terminates ConnexUS AI incubation; Cheddi Rai resigns from all positions
Terminated LOI and SOW for ConnexUS acquisition; $190k incubation funding is non-refundable expense.
Visium Technologies forms acquisition subsidiary PTNA; targets AI Capital UK and Indonesia
Board authorized formation of PTNA Acquisition Corp., a bankruptcy-remote Delaware C-Corp wholly owned subsidiary.
Visium issues $1.6M Series D preferred to retire debt with 40 accredited investors
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.
Visium Tech creates Series E Preferred at $750/sh for ConnexUs AI acquisition; 40% dilution
Series E Preferred: stated value $750, converts at $0.05 per share; each share yields 15,000 common shares.
Visium Technologies extinguishes $182k in debt and 5.1M warrants for $150k settlement
Single payment of $150,000 on April 13, 2026 cancels both Labrys Notes (~$182,244 balance) and 5,112,426 Talos Warrants.
Visium directors resign; board adopts strict conversion gates for Series A/B preferred
Directors Favata and Grbelja resigned all board/committee roles effective April 7, 2026; no disagreement cited.
Visium Technologies loses three directors; board vacancies unfilled
Wayne Monk, Dr. Emmanuel Esaka, and Solomon Adote resigned as directors effective July 25, 2024.
Visium Technologies enters $57,500 convertible note with 1800 Diagonal Lending; net proceeds $45,000
Loan principal $57,500; 15% OID ($7,500) and $5,000 expense reimbursement yield net proceeds of $45,000.
Visium Technologies awarded $20M subcontract for data center design in Côte d'Ivoire and Benin
Awarded minimum $20M subcontract from Cybastion for data center design and construction in Côte d'Ivoire and Benin.
Visium Technologies enters $52,805 convertible loan with 1800 Diagonal Lending; net proceeds $40k
Net loan proceeds of $40,000 after 15% OID ($8,055) and $4,250 expense reimbursement.
Visium Technologies effects 1-for-1,350 reverse stock split; trading under VISM D
Reverse stock split at 1:1,350 ratio effective September 29, 2022; authorized shares reduced to 1 billion.
Visium amends convertible note agreements, issues 129.6M warrants to investors
Amended $810,000 promissory notes: waived interim payments, extended registration deadline to Oct 31, 2022.
Visium Technologies stockholders approve 1:600-1:1600 reverse stock split with 82.65% support
Proposal passed with 1.63B votes for (82.65%) vs 335.6M against; 7.4M abstained.
Visium Technologies raises $496,800 via convertible notes; issues 54M commitment shares
Sold $540,000 face value convertible notes (8% annual interest, maturity Feb 2023) to two investors for $496,800.
Effective upon execution of the Release Agreement on June 8, 2026, Cheddi Rai resigned from any and all officer, director, employee, consultant, or other positions with Visium Technologies, Inc. and its subsidiaries and affiliates.
Effective April 27, 2026, Mr. Paul Taylor has assumed the positions of Chairman of the Board and Chief Executive Officer of Visium Technologies, Inc. (the “Company”).
Concurrently, Mr. Cheddi Rai has been appointed Chief Technology Officer and Chief Operating Officer of the Company.
On July 25, 2024, the Company received written notice from Solomon Adote of his resignation as a member of the Board of Directors
On July 25, 2024, the Company received written notice from Dr. Emmanuel Esaka of his resignation as a member of the Board of Directors
On December 16, 2021, the Board of Directors of Visium Technologies, Inc. (the "Company") appointed Solomon Adote as a member of the Board of Directors.
On December 13, 2021, the Company’s Board of Directors appointed Wayne H. Monk as a member of the Board of Directors.
Max materiality 0.80 · Median 0.53 · Most common event other_material