Director and 10% owner Bo Niclas Adler filed a Form 4/A amendment with the SEC on November 5, 2026, correcting multiple errors in his original July 2, 2026 filing regarding purchases of Visium Technologies, Inc. common stock and Series AA Convertible Preferred Stock made on April 3, 2026.
Key Highlights
- Corrected transaction date: The amendment changes the reported transaction date from April 6, 2026 to April 3, 2026.
- Common stock purchase: 500,000,000 shares of common stock (par value $0.0001 per share) were acquired at a corrected price of $0.00075 per share, not $0.007 as originally reported, for a total of $375,000.
- Preferred stock purchase: 3 shares of Series AA Convertible Preferred Stock were acquired at $100,000 per share, totaling $300,000, under Private Placement Memorandum No. 1.
- Indirect ownership: All securities are held indirectly through PT Smart Green Technologies ("PTSG"), a perseroan terbatas organized in Indonesia, of which Adler is described as a commissioner and ultimate beneficial owner.
- Transaction code corrected: The original filing used code "A"; the amendment corrects this to code "P" (purchase).
- Disputed preferred stock: According to the filing, Adler "disputes that the Series AA was validly designated or issued, and all rights are reserved."
- Voting power noted: The filing states the Series AA "votes with the Common Stock as a single class and carries 51% of the total voting power, shared pro rata among the outstanding shares," as described by the issuer.
Adler's Amended Disclosure: Corrections, Disputed Preferred Shares, and Indirect Ownership at Visium Technologies
The Form 4/A filed on behalf of Bo Niclas Adler, a director and 10% owner of Visium Technologies, Inc. (OTC:VISM), amends the original Form 4 submitted July 2, 2026 (Acc. No. 0001493152-26-031680). According to the filing, the amendment corrects the transaction date to April 3, 2026, the transaction code from "A" to "P," the per-share price of the common stock from $0.007 to $0.00075, removes a previously reported deemed execution date, updates the reporting person's current address, and restates footnotes including the withdrawal of a reference to "Series A4" Convertible Preferred Stock.
The filing reports that PTSG acquired 500,000,000 shares of Visium common stock for $375,000 under Private Placement Memorandum No. 2, and 3 shares of Series AA Convertible Preferred Stock for $300,000 under Private Placement Memorandum No. 1, all on April 3, 2026. The filing states that "no part of the purchase price was borrowed" and that funds came from PTSG's working capital. Adler is disclosed as disclaiming beneficial ownership of the securities held by PTSG "except to the extent of his pecuniary interest," while acknowledging that he may be deemed to share voting and dispositive power with PTSG.
Regarding the Series AA shares, the filing notes that each share is convertible into one share of common stock and, as described by the issuer, carries voting rights representing 51% of total voting power shared pro rata among outstanding Series AA shares. Adler, however, states in the filing that he disputes the valid designation or issuance of the Series AA shares, and that "all rights are reserved." The filing references a Form 3 and a Schedule 13D, both filed November 5, 2026, in connection with these holdings.
What Was Disclosed
This amended Form 4 corrects prior reporting errors for Bo Niclas Adler's April 3, 2026 purchases of Visium Technologies common stock and Series AA Convertible Preferred Stock, held indirectly through PTSG, including corrected price, date, and transaction code.



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