Visium Technologies extinguishes $182k in debt and 5.1M warrants for $150k settlement

VISIUM TECHNOLOGIES, INC.

Single payment of $150,000 on April 13, 2026 cancels both Labrys Notes (~$182,244 balance) and 5,112,426 Talos Warrants.
Settlement eliminates all conversion rights, derivative liabilities, and potential dilution from those instruments.
Negotiated compromise at >18% below face amount; no third-party buyer involved.
Management says removal of liability strengthens capital structure ahead of planned ConnexUs AI acquisition.
Mutual general releases and confidentiality protections included.

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