Visium's 1-for-1,500 Reverse Split Eliminates 489 of 553 Shareholders
VISM sits 20% above its 52-week low of $0.001.
Summary
Visium Technologies executed a 1-for-1,500 reverse split, cutting outstanding shares from 1.27 billion to 846,540 and extinguishing 489 of 553 registered holders. Authorized shares dropped from 3 billion to 2 million.
Key Events · Corporate Governance and Compliance · VISM
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1-for-1,500 Reverse Split Completed
Outstanding common shares were reduced from 1,269,817,102 to 846,540 effective September 11, 2026, while authorized shares were cut from 3,000,000,000 to 2,000,000.
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489 of 553 Holders Extinguished
The lot-by-lot rounding convention eliminated any position under 750 pre-split shares. Consequently, 489 registered names received zero post-split shares with no cash compensation.
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10-Day Issuance Freeze
For 10 full trading days after the effective time, the company will not issue, reserve, or agree to issue any common shares from the post-split bucket, absent further board resolution.
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Mechanical Price Illustration
Multiplying the last sale of $0.001105 on September 3, 2026 by 1,500 produces a mechanical post-split figure of $1.6575. The company explicitly states this is not a target or projection.
Analysis · VISM · Technology
Effective September 11, 2026, Visium Technologies completed a 1-for-1,500 reverse stock split, slashing outstanding common shares from 1.27 billion to 846,540 and authorized shares from 3 billion to 2 million. The lot-by-lot rounding convention extinguished 489 of 553 registered holders entirely—anyone holding fewer than 750 pre-split shares received zero post-split shares with no cash compensation. This massive consolidation eliminates the vast majority of retail positions while preserving insider and large-holder stakes. The company also imposed a 10-day issuance freeze to prevent immediate dilution of the new share structure. For a company with zero revenue and ongoing going-concern issues, this reverse split is a survival mechanism to lift the share price above penny-stock levels and maintain OTC quotation eligibility, but it comes at the cost of wiping out most small shareholders.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 41.8% of the 507 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.39%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, VISM was trading at $0.00 on OTC in the Technology sector, with a market capitalization of approximately $1.3M. The 52-week trading range was $0.00 to $0.01. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.