Visium Technologies director Niclas Adler buys $650,000 in stock

Investing.com · 2026-11-06 11:46 UTC

Visium Technologies director Niclas Adler buys $650,000 in stock

Bo Niclas Adler, a director and 10% owner of VISIUM TECHNOLOGIES, INC. (OTC:VISM), acquired a total of $650,000 in company stock and convertible preferred stock on April 3, 2026. The transactions were reported in an amended filing, correcting details from an earlier report.

Mr. Adler purchased 500,000,000 shares of common stock at a price of $0.0007 per share, totaling $350,000. Additionally, he acquired 3 shares of Series AA Convertible Preferred Stock for $100,000 per share, amounting to $300,000. Each share of Series AA Convertible Preferred Stock is convertible into one share of common stock. Mr. Adler, however, disputes that the Series AA was validly designated or issued.

The insider purchase comes as VISM shares have surged 80% over the past week, trading near their 52-week high of $0.01. According to InvestingPro analysis, the stock trades with high price volatility, with 15 additional ProTips available to subscribers analyzing the company’s financial health and market position.

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