Item 1. | Security and Issuer |
(a) | Title of Class of Securities:
Common Stock, $0.0001 par value per share |
(b) | Name of Issuer:
Vemanti Group, Inc. |
(c) | Address of Issuer's Principal Executive Offices:
7545 IRVINE CENTER DR., 7545 IRVINE CENTER DR., IRVINE,
CALIFORNIA
, 92618. |
Item 1 Comment:
This Amendment No. 4 to the Schedule 13D (this "Amendment No. 4") relates to the Common Stock of Vemanti Group, Inc., a Nevada corporation with principal executive offices located at 7545 Irvine Center Dr., Suite 200, Irvine, CA 92618 (the "Issuer"), and hereby amends the Schedule 13D filed with the Securities and Exchange Commission on July 7, 2021 (the "Initial Schedule"), as amended and supplemented by Amendment No. 1 filed on October 24, 2023, Amendment No. 2, filed on April 10, 2024, and Amendment No. 3 filed December 27, 2024 (the "Amendments", together with the Initial Schedule, the "Schedule 13D") on behalf of the Reporting Person. Capitalized terms used but not defined herein shall have the meanings attributed to them in the Schedule 13D. All items or responses not described herein remain as previously reported in the Schedule 13D. |
Item 2. | Identity and Background |
|
(a) | N/A |
(b) | N/A |
(c) | N/A |
(d) | N/A |
(e) | N/A |
(f) | N/A |
Item 3. | Source and Amount of Funds or Other Consideration |
| N/A |
Item 4. | Purpose of Transaction |
| Item 4 is hereby amended and supplemented to add the following:
On December 17, 2024, Mr. Tran entered into a Mutual Rescission Agreement and Release (the "Rescission Agreement") with the Issuer, VinHMS Pte. Ltd., a Singapore private company limited by shares ("VinHMS") and VinHMS's shareholders. Under the terms of the Rescission Agreement, as soon as practicable after the Closing, which occurred on December 20, 2024, the Issuer was to reissue 40,000,000 shares of Series A Preferred Stock to Mr. Tran.
40,000,000 shares of Series A Preferred Stock were subsequently issued to Mr. Tran on January 14, 2025, and constitute 100% of the Series A Preferred Stock issued and outstanding as of the date of this report. While the Series A Preferred Stock does not convert into Common Stock, it votes alongside the Common Stock, with each share of Series A Preferred Stock entitled to 10 votes of Common Stock. |
Item 5. | Interest in Securities of the Issuer |
(a) | Item 5 of Schedule 13D is hereby amended and restated as follows:
The information set forth on the cover page of Amendment No. 4 is hereby incorporated by reference into this Item 5.
As of the date of this Schedule 13D, Mr. Tran beneficially owns 40,000,000 Shares of Series A Preferred Stock, which constitutes 100% of the Series A Preferred Stock issued and outstanding as of the date of this report. The Series A Preferred Stock does not convert into Common Stock; however, the Series A Preferred Stock vote with the Common Stock with each share of Series A Preferred Stock entitled to 10 votes of Common Stock. Additionally, Mr. Tran beneficially owns 20,155,000 shares of Common Stock, which represents approximately 27.0% of the shares of Common Stock issued and outstanding as of the date of this report.
|
(b) | N/A |
(c) | N/A |
(d) | N/A |
(e) | N/A |
Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
| N/A |
Item 7. | Material to be Filed as Exhibits. |
| Exhibit 1. Mutual Rescission Agreement and Release, dated December 17, 2024
https://www.sec.gov/Archives/edgar/data/1605057/000147793224008330/tran13da_ex1.htm |