Visium Technologies Signs Letter of Intent to Acquire ConnexUS AI and License the RAGböx Platform

About this update from Visium Technologies, Inc.

Visium Technologies Signs Letter of Intent to Acquire ConnexUS AI and License the RAGböx Platform Visium Technologies Signs Letter of Intent to Acquire ConnexUS AI and License the RAGböx Platform Transaction repositions Visium as a focused public-market vehicle for governed, enterprise-grade agentic AI; Paul Taylor to assume role of Chairman and CEO FAIRFAX, Va., April 28, 2026 (GLOBE NEWSWIRE) -- Visium Technologies, Inc. (OTC: VISM) (“Visium” or the “Company”) today announced that it has executed a non-binding Letter of Intent, dated March 29, 2026 (the “LOI”), to acquire 100% of the equity of ConnexUS AI (DE) and to secure a worldwide commercial license to the RAGböx.co platform. Under the LOI, Visium will acquire the ConnexUS AI equity from the holders of WXYZ Hosting LLC (FL) and AdRetreaver LLC (FL) (collectively, the “Sellers”) for nominal cash consideration plus the assumption of two small founder-owned callable convertible promissory notes with an aggregate principal: $350,000. All other prior operations, liabilities, and obligations of the Sellers’ entities are expressly excluded except as specifically assumed in the definitive agreements. A Repositioned Visium In connection with the transaction, Visium intends to separate its legacy operating activities — including existing contractual arrangements and ongoing operational infrastructure — from the post-closing public company. The form and mechanics of that separation are currently under evaluation and will be set forth in the definitive transaction documents and the Company’s subsequent filings with the U.S. Securities and Exchange Commission. The objective of the separation is to allow the post-closing Visium to operate as a clearly defined public commercial vehicle for the ConnexUS voice-AI business and the RAGböx subscription platform, with a clean GAAP-compliant balance sheet and straightforward segment reporting. Transaction Structure The transaction is being implemented through a structure designed to (i) separate Visium’s legacy operating activities from the post-closing public company and (ii) keep the RAGböx intellectual property under founder-aligned control while granting Visium a long-term commercial license. (i) Legacy separation. The Company intends to separate its l...

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