Visium Technologies Rescinds Director Appointment of David Pierce

What Happened
Visium Technologies, Inc. filed a Form 8-K (reported Sept 16, 2026) stating that on June 30, 2026 the Board determined David Pierce had not validly accepted the appointment as an independent director and rescinded that appointment effective June 30, 2026. The prior Form 8-K filed June 10, 2026 and the Board’s written consent dated June 9, 2026 had reflected his appointment; the Board’s rescission was based on personal reasons relating to Mr. Pierce. The company states Mr. Pierce is not a member of the Board and is not regarded as having served as a director.

Key Details

• Board rescinded appointment effective June 30, 2026.
• Earlier related filings: Form 8-K on June 10, 2026 and Board written consent dated June 9, 2026.
• Reason cited: personal reasons relating to David Pierce (no further detail provided).
• Filing reports this under Item 5.02 (departure/election of directors); no exhibits were attached.

Why It Matters
This is a governance update for investors: a planned addition to the board was reversed and the company confirms Mr. Pierce never served as a director. There is no disclosure of financial impact or other management changes in this filing. Investors tracking board composition, oversight, or upcoming governance votes should note the board remains one director short of that previously announced appointment until a new appointment is made.