{"filing":{"accession_number":"0001654954-26-008490","cik":"0001082733","ticker":"VISM","company_name":"VISIUM TECHNOLOGIES, INC.","form":"8-K","filing_date":"2026-09-21","report_date":"2026-09-21","primary_document":"vism_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1082733/000165495426008490/vism_8k.htm"},"events":[{"id":34019,"run_id":31316,"accession_number":"0001654954-26-008490","anchor_item_number":"7.01","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.72,"summary":"The Company executed a non-binding term sheet for assignment of contract-use, offtake, deployment, and device-design rights into a newly formed Indonesian subsidiary (PTVCI), in which the Company will hold 99% equity interest. The transaction is subject to multiple closing conditions including export approvals, Indonesian regulatory approvals, third-party consents, and board authorization, with anticipated consideration via Series F Preferred Stock issuance.","company_name":"VISIUM TECHNOLOGIES, INC.","ticker":"VISM","filing_date":"2026-09-21","form":"8-K","submitted_at":null,"items":[{"id":37634,"accession_number":"0001654954-26-008490","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.72,"reasoning":"The disclosure announces execution of a non-binding term sheet for assignment of specified contract-use, offtake, and deployment rights into a newly formed Indonesian vehicle, with the Company's subsidiary holding 99% interest. This is a material operational/strategic transaction involving creation of a new corporate vehicle and assignment of significant rights, but it is explicitly non-binding and subject to multiple closing conditions. The event does not fit neatly into ma_activity (no binding acquisition/merger), financial_other (not a capital or accounting event), or other specific categories, making operational_other the most appropriate classification for this strategic business development.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-21T20:22:26.993892+00:00","company_name":"","ticker":null,"filing_date":""},{"id":37635,"accession_number":"0001654954-26-008490","item_number":"8.01","item_title":"Other Events.","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.72,"reasoning":"The disclosure centers on execution of a non-binding term sheet for assignment of device-design rights into a newly formed Indonesian subsidiary (PTVCI), with the Company retaining 99% equity. While structured as an assignment of rights rather than an acquisition of an existing company, the transaction involves material operational and strategic elements—creation of a new vehicle, assignment of contract and deployment rights, and anticipated consideration via Series F Preferred Stock issuance. The filing explicitly states this is not a \"material definitive agreement\" under Item 1.01, and the Company reserves the right to file under Item 1.01 or 2.01 upon execution of definitive agreements or closing. The non-binding nature and numerous unsatisfied closing conditions (export approvals, Indonesian regulatory approvals, third-party consents, board authorization of economic terms) indicate this is a preliminary strategic transaction announcement rather than a completed M\u0026A event, making operational_other the most appropriate classification.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-21T20:22:26.993892+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":37634,"accession_number":"0001654954-26-008490","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.72,"reasoning":"The disclosure announces execution of a non-binding term sheet for assignment of specified contract-use, offtake, and deployment rights into a newly formed Indonesian vehicle, with the Company's subsidiary holding 99% interest. This is a material operational/strategic transaction involving creation of a new corporate vehicle and assignment of significant rights, but it is explicitly non-binding and subject to multiple closing conditions. The event does not fit neatly into ma_activity (no binding acquisition/merger), financial_other (not a capital or accounting event), or other specific categories, making operational_other the most appropriate classification for this strategic business development.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-21T20:22:26.993892+00:00","company_name":"VISIUM TECHNOLOGIES, INC.","ticker":"VISM","filing_date":"2026-09-21"},{"id":37635,"accession_number":"0001654954-26-008490","item_number":"8.01","item_title":"Other Events.","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.72,"reasoning":"The disclosure centers on execution of a non-binding term sheet for assignment of device-design rights into a newly formed Indonesian subsidiary (PTVCI), with the Company retaining 99% equity. While structured as an assignment of rights rather than an acquisition of an existing company, the transaction involves material operational and strategic elements—creation of a new vehicle, assignment of contract and deployment rights, and anticipated consideration via Series F Preferred Stock issuance. The filing explicitly states this is not a \"material definitive agreement\" under Item 1.01, and the Company reserves the right to file under Item 1.01 or 2.01 upon execution of definitive agreements or closing. The non-binding nature and numerous unsatisfied closing conditions (export approvals, Indonesian regulatory approvals, third-party consents, board authorization of economic terms) indicate this is a preliminary strategic transaction announcement rather than a completed M\u0026A event, making operational_other the most appropriate classification.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-21T20:22:26.993892+00:00","company_name":"VISIUM TECHNOLOGIES, INC.","ticker":"VISM","filing_date":"2026-09-21"}]}