Form SCHEDULE 13D/A VISIUM TECHNOLOGIES, Filed by: Rai Cheddi Bharrat
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
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Visium Technologies, Inc. (Name of Issuer) |
Common Stock, par value $0.0001 per share (Title of Class of Securities) |
(CUSIP Number) |
Cheddi Rai Bharrat 3301 N University Dr., Suite #100 Coral Springs, FL, 33065 888 888 3371 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
06/08/2026 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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| CUSIP No. |
| 1 |
Name of reporting person
Rai Cheddi | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 11 | Aggregate amount beneficially owned by each reporting person
0.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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| 13 | Percent of class represented by amount in Row (11)
0.00 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13D
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| Item 1. | Security and Issuer | |
| (a) | Title of Class of Securities:
Common Stock, par value $0.0001 per share | |
| (b) | Name of Issuer:
Visium Technologies, Inc. | |
| (c) | Address of Issuer's Principal Executive Offices:
4094 MAJESTIC LN,, SUITE 360, FAIRFAX,
VIRGINIA
, 22033. | |
Item 1 Comment:
No material change. The class of securities to which this statement relates is the Common Stock of the Issuer. | ||
| Item 2. | Identity and Background | |
| (a) | No material change. The Reporting Person is Cheddi Rai Bharrat. | |
| Item 3. | Source and Amount of Funds or Other Consideration | |
The beneficial ownership reported in the Original Schedule 13D was acquired in connection with the Reporting Person's appointment as an officer and director of the Issuer and the transactions contemplated by the non-binding letter of intent (the "LOI") with ConnexUS AI. As described in Items 4 and 5 below, that transaction has been terminated and the Reporting Person no longer beneficially owns any shares. | ||
| Item 4. | Purpose of Transaction | |
The Reporting Person acquired the shares of Common Stock reported in the Original Schedule 13D in connection with his appointment as Chief Operating Officer and Chief Technology Officer of the Issuer and the proposed transactions under the LOI with ConnexUS AI.
On or about June 8, 2026, the Issuer and ConnexUS AI entered into a Mutual Release, Settlement, and Termination Agreement (the "Release Agreement") that terminated the LOI in its entirety. Concurrently with the execution of the Release Agreement, the Reporting Person resigned from any and all officer, director, employee, consultant, and other positions with the Issuer, effective immediately. Pursuant to the terms of the Release Agreement and the resignation, the Reporting Person no longer beneficially owns any shares of the Issuer's Common Stock. The Release Agreement provides for mutual general releases of all claims arising out of or relating to the LOI and related matters and confirms that there are no further payment, performance, or other obligations between the parties.
The Reporting Person has no present plans or proposals that relate to or would result in any of the actions described in paragraphs (a) through (j) of Item 4 of Schedule 13D, other than the clean termination and resignation described above. The Reporting Person disclaims any continuing beneficial ownership interest in the Issuer. | ||
| Item 5. | Interest in Securities of the Issuer | |
| (a) | Amount beneficially owned: 0 shares of Common Stock. | |
| (b) | Percent of class: 0.0% (based on [insert total shares outstanding from most recent Issuer filing]). | |
| (c) | Number of shares as to which the Reporting Person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 0
The change in beneficial ownership reported in this Amendment resulted from the termination of the LOI and the Reporting Person's resignation effective June 8, 2026, pursuant to the Release Agreement, as disclosed in the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on June 10, 2026 (the "June 8-K"). The Reporting Person no longer beneficially owns any equity securities of the Issuer and is filing this Amendment as an exit filing. | |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer | |
Other than the Release Agreement (which terminated all prior arrangements related to the LOI and the Reporting Person's positions with the Issuer), the Reporting Person has no contracts, arrangements, understandings, or relationships (legal or otherwise) with any person with respect to any securities of the Issuer, including but not limited to transfer or voting of any securities, finders' fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. The Release Agreement is incorporated by reference to Exhibit 10.1 of the June 8-K. | ||
| Item 7. | Material to be Filed as Exhibits. | |
Mutual Release, Settlement, and Termination Agreement dated on or about June 8, 2026 (incorporated by reference to Exhibit 10.1 of the Issuer's Form 8-K filed June 10, 2026). | ||
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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