Visium Rescinds Proposed Reverse Split in Shareholder Update
Visium says it will preserve all shareholders’ positions by rescinding its proposed reverse split and commits to independent board oversight.
Story updates
11:22:56 PM UTC
SquawkNews
Visium rescinded its proposed 1-for-1,500 reverse split; no shares were combined or cancelled. CEO and Chairman Paul R. Taylor resigned, and the company says previously issued financial statements may be revised or restated following review.Material DetailsContext by AI AnalystThis is an early-stag…