Item 5.07 Submission of Matters to a Vote of Security Holders
On June 20, 2022, Visium Technologies, Inc. (the "Company") held a special
meeting of stockholders (the "Special Meeting"). As of the close of business on
May 24, 2022, the record date for the Special Meeting (the "Record Date"),
3,870,904,551 shares of the Company's common stock were outstanding and entitled
to vote. In addition, as of the Record Date, there were 3,870,904,551 shares of
Common Stock outstanding and entitled to vote at the Special Meeting. At the
Special Meeting, a total of 1,976,871,634 votes, comprised of shares of the
Company's Common Stock, equivalent to approximately 51.07% of the outstanding
votes, were represented in person or by proxy at the Special Meeting,
constituting a quorum. The matters that were voted upon at the Special Meeting,
and the number of votes cast for or against/withheld, as well as the number of
abstentions and broker non-votes, as to such matters, where applicable, are set
forth below.
1. The proposal to amend the Company's Amended and Restated Certificate of
Incorporation to effect a reverse stock split at a ratio not less than 1-for-600
and not greater than 1-for-1,600, with the exact ratio to be set within that
range at the discretion of our board of directors without further approval or
authorization of our stockholders, together with the simultaneous reduction of
the number of shares of Common Stock that the Company is authorized to issue to
one billion (1,000,000,000), was approved as follows:
Abstain/Broker Percentage
Votes For Votes Against Non-Votes Voted For
1,633,860,416 335,638,154 7,373,064 82.65%
2
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