Adler Bo Niclas has reported his status as a 10% owner of Visium Technologies, Inc. in a late Form 3 filing with the SEC. This filing, dated November 6, 2026, is significant as it indicates a substantial ownership stake in the company.

Visium Technologies, Inc. is categorized under services related to computer programming. The filing reveals that Niclas holds 500 million shares of common stock through PT Smart Green Technologies, an Indonesian entity where he serves as a commissioner and ultimate beneficial owner.

The filing states, "This Form 3 is filed late. The reporting person became a 10% owner on April 3, 2026." This late filing draws attention to the increasing complexity of ownership structures within the tech industry.

Adler Bo Niclas' stake may influence the company's direction and strategy, especially given the competitive landscape in the computer programming services sector. Other companies in this industry may need to take note of this development as they strategize for future growth and competition.

Details regarding any future actions or implications from this filing were not provided. The filing does not say what happens next.

Additional Ownership Details

In addition to the 500 million shares of common stock, the filing also mentions that Adler Bo Niclas holds three shares of Series AA Convertible Preferred Stock through PT Smart Green Technologies. These shares are convertible into an equivalent number of common stock shares, although Niclas disputes the validity of this designation and issuance, reserving all rights regarding the matter.

The filing notes that the Series AA Convertible Preferred Stock is exercisable immediately and has no expiration date, indicating potential future influence over the common stock if the conversion is pursued.

Company Background

Visium Technologies, Inc. has undergone several name changes in its history, previously known as NuSTATE Energy Holdings, Inc., Fittipaldi Logistics, Inc., and Power2Ship Inc. This history may reflect a strategic pivot or evolution in the company's focus over time, which could be relevant to stakeholders assessing its current market position.

The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest, highlighting the complexities of ownership structures in the tech industry.

Furthermore, the filing does not provide any information regarding future plans or intentions related to Niclas' ownership stake or the company's strategic direction following this significant change in ownership.