Visium Technologies director Bo Niclas Adler purchases $108,000 in stock

Visium Technologies Inc. (VISM) saw significant stock activity as director Bo Niclas Adler acquired 120 million shares at $0.0009 per share, totaling $108,000. This move occurred on August 20, 2026, when VISM shares surged 520% week-over-week and are now close to a 52-week high of $0.01. The stock's high beta of 2.02 indicates high volatility.

Adler, who is a 10% owner and commissioner, indirectly owns 620 million shares following the purchase, which was conducted through PT Smart Green Technologies, a company he controls. The transaction was filed under Private Placement Memorandum No. 3 with a subscription agreement dated July 9, 2026. Adler noted that some shares reported on his Form 3 are not included in this filing and disputes their validity. This information was reviewed by an editor and was generated with AI assistance.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.