Visium investor exits stake after LOI terminated

Visium Technologies, Inc. investor Cheddi Rai Bharrat filed an amended Schedule 13D to report that he no longer beneficially owns any shares of the company’s common stock.

Rhea-AI Filing Summary

Visium Technologies, Inc. investor Cheddi Rai Bharrat filed an amended Schedule 13D to report that he no longer beneficially owns any shares of the company’s common stock. This change follows the termination of a non-binding letter of intent with ConnexUS AI and his resignation from all roles at Visium.

A Mutual Release, Settlement, and Termination Agreement ended the proposed transactions under the LOI and provided broad mutual releases, with no further payment or performance obligations between the parties. Bharrat now reports sole and shared voting and dispositive power over zero shares, representing 0.0% of the outstanding common stock, and characterizes this amendment as an exit filing.

Key Figures

Beneficial ownership: 0 shares Percent of class: 0.0% Sole voting power: 0 shares +2 more

5 metrics

Beneficial ownership 0 shares Amount beneficially owned by reporting person

Percent of class 0.0% Visium common stock reported as of exit filing

Sole voting power 0 shares Shares over which Bharrat can vote individually

Shared voting power 0 shares Shares over which Bharrat can vote jointly

Event date June 8, 2026 Date of event requiring this amended statement

Key Terms

beneficial ownership, Mutual Release, Settlement, and Termination Agreement, letter of intent, Schedule 13D

4 terms

beneficial ownership financial

"The Reporting Person no longer beneficially owns any shares of the Issuer's Common Stock."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Mutual Release, Settlement, and Termination Agreement regulatory

"entered into a Mutual Release, Settlement, and Termination Agreement (the "Release Agreement") that terminated the LOI in its entirety."

letter of intent financial

"non-binding letter of intent (the "LOI") with ConnexUS AI."

A letter of intent is a document that shows an agreement in principle between parties to work towards a future deal or transaction. It outlines their intentions and key terms, acting like a roadmap before a formal contract is signed. For investors, it signals serious interest and helps clarify expectations early in the process.

Schedule 13D regulatory

"If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this , and is filing this schedule because of §§ 240.13d-1(e)..."

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the amended Schedule 13D for Visium Technologies (VISM) report?

The amended Schedule 13D reports that Cheddi Rai Bharrat now beneficially owns 0 shares of Visium Technologies common stock. It updates prior disclosures after terminating a letter of intent with ConnexUS AI and resigning from all positions at the company.

Why did Cheddi Rai Bharrat’s beneficial ownership in Visium Technologies (VISM) drop to zero?

Bharrat’s ownership dropped to 0 shares because a non-binding letter of intent with ConnexUS AI was terminated under a Mutual Release, Settlement, and Termination Agreement, and he resigned from all roles at Visium, eliminating his beneficial interest in the company’s common stock.

What is the percent of class Bharrat reports owning in Visium Technologies (VISM)?

Bharrat reports owning 0.0% of the class of Visium Technologies common stock. He has no sole or shared voting or dispositive power over any shares and is treating this amendment as an exit filing from his previous reporting obligations.

What is the purpose of the Mutual Release, Settlement, and Termination Agreement mentioned for Visium Technologies (VISM)?

The agreement fully terminates the LOI between Visium and ConnexUS AI, ending all related proposed transactions. It provides mutual general releases of claims and confirms there are no remaining payment, performance, or other obligations between Bharrat, Visium, and ConnexUS AI.

Did Cheddi Rai Bharrat resign from Visium Technologies (VISM) in connection with this amendment?

Yes. Concurrently with executing the Release Agreement, Bharrat resigned from all officer, director, employee, consultant, and other positions at Visium, effective immediately on or about June 8, 2026, and now disclaims any continuing beneficial ownership interest in the issuer.

Does Cheddi Rai Bharrat have any ongoing agreements related to Visium Technologies (VISM) securities?

Other than the Release Agreement, Bharrat states he has no contracts, arrangements, understandings, or relationships regarding Visium securities. This includes no voting agreements, options, profit-sharing, or other mechanisms affecting ownership or control of the company’s common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/15/2026 - 09:48 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

Visium Technologies, Inc.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

92836G309

(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).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 92836G309

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)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

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)

13

Percent of class represented by amount in Row (11)

0.00 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

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.

Rai Cheddi

Signature:	/s/ Cheddi Rai Bharrat
Name/Title:	Cheddi Rai Bharrat
Date:	06/12/2026