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New Visium (VISM) CEO Paul Taylor details 40% as-converted stake

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Paul R. Taylor reports beneficial ownership of 34,453,488 shares of Visium Technologies common stock, representing 3% of the class. He is the incoming Chief Executive Officer and Chairman under an amended agreement dated March 28, 2026, tied to Visium’s acquisition of ConnexUs AI (DE).

Taylor holds 8.11% of the 40% Series E Preferred Stock, which represents approximately 40% of Visium’s fully diluted common equity on an as-converted basis. His rights are subject to a 4.99% beneficial-ownership cap and full-ratchet anti-dilution provisions.

The structure is linked to a Stock Purchase Agreement under a March 29, 2026 Letter of Intent, a non-exclusive RAGbox.co IP license via ARPRT LLC where he has a 30% membership interest, and an 8% staff option grant under the equity incentive plan. He states no current plans for additional major corporate actions beyond the contemplated acquisition and related restructurings.

Positive

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Insights

Taylor’s 13D shows a structured control-style stake via preferred equity and CEO role, not just a small 3% common position.

Paul R. Taylor reports 34.45 million common shares (3% of the class) plus 8.11% of 40% Series E Preferred Stock, which equates to about 40% of fully diluted common on an as-converted basis. This indicates substantial economic and voting influence beyond the headline 3% figure.

The preferred stake carries a 4.99% beneficial-ownership cap and full-ratchet anti-dilution, alongside his role as incoming CEO and Chairman. These terms can significantly affect future capitalization and dilution patterns for existing holders, especially if additional issuances trigger the ratchet.

The ConnexUs AI acquisition, ARPRT LLC’s RAGbox.co IP license (where Taylor holds a 30% interest and managerial control), and the 8% staff option pool together reshape Visium’s governance and capital structure. Actual impact will depend on the final Stock Purchase Agreement under the March 29, 2026 Letter of Intent and how the anti-dilution and ownership caps operate over time.

Beneficially owned common shares 34,453,488 shares Aggregate amount beneficially owned by reporting person
Percent of class 3% Percent of common stock class represented by 34,453,488 shares
Series E Preferred ownership 8.11% of 40% Series E Represents about 40% of fully diluted common on as-converted basis
Beneficial-ownership cap 4.99% Cap applying to voting and dispositive power over relevant securities
Staff option grant 8% staff options Pari passu 8% staff-option grant under equity incentive plan
ARPRT LLC membership 30% interest Reporting person’s membership interest in ARPRT LLC holding RAGbox.co IP
Event date 04/09/2026 Date of event requiring Schedule 13D reporting
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G..."
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.
Series E Preferred Stock financial
"8.11% pari passu shares of 40% Series E Preferred Stock, representing..."
Series E preferred stock is a specific class of company shares created in a later funding round that gives holders priority over common shareholders for payments and assets, often including a fixed dividend and special conversion or voting rights. Think of it as a VIP ticket that gets paid first and may convert into regular shares later; investors watch these terms because they affect potential returns, risk in a sale or bankruptcy, and control of the company.
full-ratchet anti-dilution financial
"subject to the 4.99% beneficial-ownership cap and full-ratchet anti-dilution provisions..."
beneficial ownership regulatory
"The Reporting Person acquired beneficial ownership of the securities reported herein as follows..."
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.
equity incentive plan financial
"the pari passu 8% staff-option grant under the Issuer's equity incentive plan..."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Letter of Intent regulatory
"each as described in Section 3 of the LOI and the revised LOI dated March 29, 2026..."
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.





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






SCHEDULE 13D


Paul Richard Taylor
Signature:/s/ Paul R. Taylor
Name/Title:Chairman and CEO
Date:04/09/2026

FAQ

What stake in Visium Technologies (VISM) does Paul R. Taylor report on this Schedule 13D?

Paul R. Taylor reports beneficial ownership of 34,453,488 shares of Visium Technologies common stock, representing 3% of the outstanding class. This is the headline common equity position disclosed, separate from his preferred stock interests and related agreements described in the document.

How does Paul R. Taylor’s Series E Preferred Stock interest affect Visium Technologies (VISM)?

Taylor reports owning 8.11% of the 40% Series E Preferred Stock, which represents approximately 40% of Visium’s fully diluted common equity on an as-converted basis. This preferred stake gives him substantial economic and voting influence beyond the 3% common stock figure alone.

What role will Paul R. Taylor have at Visium Technologies (VISM) under this arrangement?

Under an amended Chairman and CEO Agreement dated March 28, 2026, Taylor will be the incoming Chief Executive Officer and Chairman of the Board. His executive role is directly tied to Visium’s planned acquisition of ConnexUs AI and related restructuring steps outlined in the agreements.

What are the key terms limiting Paul R. Taylor’s beneficial ownership in Visium Technologies (VISM)?

Taylor’s disclosed rights are subject to a 4.99% beneficial-ownership cap and full-ratchet anti-dilution provisions attached to the Series E Preferred Stock and the ARPRT LLC license agreement. These terms constrain reportable ownership levels and influence how future equity issuances affect his position.

How is the ConnexUs AI (DE) acquisition connected to this Visium Technologies (VISM) 13D?

Taylor states he acquired the reported securities in connection with Visium’s planned acquisition of 100% of ConnexUs AI (DE) under a Stock Purchase Agreement tied to a March 29, 2026 Letter of Intent. His equity interests and executive appointment are integral parts of that transaction structure.

What is ARPRT LLC’s role and Paul R. Taylor’s interest in it regarding Visium Technologies (VISM)?

Taylor holds a 30% membership interest and managerial control in ARPRT LLC, which owns RAGbox.co IP isolated in “Ringfence 2.” That IP is non-exclusively licensed to Visium under the transaction, aligning his IP-related interests with the company’s post-acquisition plans.