Monitor for potential dilution pressure as Series D converts to common stock. The Series G issuance suggests a power consolidation among insiders that could impact governance. The remediation plan may resolve legacy capital structure issues but could face legal challenges from non-qualifying Series A/B holders.
Price Chart
Executive Summary
Visium Technologies issued 1,597,868 shares of Series D Preferred Stock to cancel $1.598M in debt owed to accredited investors and related parties, including officers. The company also issued 4 shares of new Series G Preferred Stock to affiliates and adopted a remediation plan for legacy Series A/B shares. These actions establish a new senior capital structure with enhanced governance control.
Key Financial Metrics
Key Facts
- Issued 1,597,868 Series D Preferred shares to cancel $1,597,868.39 in debt (promissory notes and payables)
- Series D shares have $1.00 stated value, 3% cumulative dividend, and convert to common at $0.05/share
- Issued 4 shares of new Series G Preferred Stock to existing Series AA holders and affiliates for nominal consideration
- Series G ranks pari passu with Series AA and senior to all other series with absolute veto rights over Series A/B actions
- Adopted remediation plan for legacy Series A/B shares: holders can elect cash redemption at 25% of stated value or exchange for new common shares
- Series G has 100,000 votes per share and combined with Series AA controls absolute majority voting power
Financial Impact
Debt reduction of $1.598M through equity issuance; potential dilution from Series D conversion to 31.96M common shares
Risk Factors
- Potential shareholder litigation from Series A/B holders excluded from remediation plan
- Dilution risk if Series D converts to common stock
- Governance concentration risk with Series G/AA voting control
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 10 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (VISM) — Batch item 1 | 0001654954-26-003578 |
| Document: vism_ex31.htm | 0001654954-26-003579 |
| Document: 0001654954-26-003578-index-headers.html | 0001654954-26-003578 |
| Document: 0001654954-26-003578-index.html | 0001654954-26-003578 |
| Document: 0001654954-26-003578.txt | 0001654954-26-003578 |
| 8-K Filing (VISM) — Batch item 6 | 0001654954-26-003579 |
| Document: vism_ex31.htm | 0001654954-26-003578 |
| Document: 0001654954-26-003579-index-headers.html | 0001654954-26-003578 |
| Document: 0001654954-26-003579-index.html | 0001654954-26-003578 |
| Document: 0001654954-26-003579.txt | 0001654954-26-003578 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 29, 2026 27d ago | NT 10-K | $0.000700 $0.000600 | ▲ +10.45% | ▲ +12.40% | $0.000690 (+1.43%) |
Sep 16, 2026 5w ago | 8-K | $0.000700 $0.000600 | ▼ −14.29% | ▼ −17.12% | $0.000690 (−1.43%) |
Jun 10, 2026 19w ago | 8-K | $0.002200 $0.001800 | ▼ −18.18% | ▼ −19.40% | $0.000690 (−68.64%) |
Apr 30, 2026 25w ago | 8-K | $0.002800 $0.002200 | ▼ −21.43% | ▼ −23.16% | $0.000690 (−75.36%) |
Apr 16, 2026 27w ago | 8-K | $0.002000 $0.003200 | ▲ +62.44% | ▲ +61.45% | $0.000690 (−65.50%) |
Apr 15, 2026 27w ago | 8-K | $0.002000 $0.003200 | ▲ +62.44% | ▲ +61.45% | $0.000690 (−65.50%) |
US Market Status
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