Visium Technologies, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $646.5K
- Price
- $0.0006
- % Change (Daily % change from the live per-ticker quote feed.)
- -14.29%
- Volume
- 462.2K
About
Visium Technologies, Inc. operates as a specialized firm in cybersecurity and digital risk management. They equip commercial businesses and government bodies with cutting-edge technology solutions, robust tools, and expert services, all aimed at strengthening their ability to safeguard sensitive information. The company's expertise encompasses a broad spectrum of critical areas, including network security, advanced threat visualization, Internet of Things (IoT) protection, mobile security, cloud environment defense, accurate threat identification, and leveraging big-data analytics for security insights. Established in 1987, the organization was formerly known as NuState Energy Holdings, Inc., changing its name to Visium Technologies, Inc. in March 2018. Its corporate headquarters are situated in Fairfax, Virginia.
Quick stats
Shares outstanding1.1B
Computed float920.9M
Float / shares85.5%
Key info
SectorTechnology
IndustrySoftware - Infrastructure
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001082733
AI Summary
AI-generated1/3
minorneutralother
Visium Technologies Executes Non-Binding Term Sheet for Assignment of Specified Device Rights into a Newly Formed Indonesian Vehicle
Visium Technologies executed a non-binding term sheet to assign specified contract-use, offtake, and deployment rights into a newly formed Indonesian PMA company that would be 99 percent owned by a wholly owned Delaware subsidiary.
The transaction is explicitly not an acquisition of an existing company, and no cash is payable at closing unless the Board separately authorizes it; consideration is expected to be non-voting convertible preferred stock issued in a private placement.
Closing remains subject to numerous unsatisfied conditions, including third-party consents, export-control screening, Indonesian approvals, and a Florida conflict-of-interest review, with no assurance a definitive agreement will be signed.
Red flags
- non-binding term sheet with no assurance of a definitive agreement or closing
- related-party relationships: Chairman/CEO and certain beneficial owners have relationships with transaction counterparties; Florida Section 607.0832 review not completed
- consideration in newly designated non-voting convertible preferred stock (potential dilution)
- micro-cap holding company hyping a rights-assignment with no economic terms disclosed