Visium Technologies announces LOI to acquire ConnexUS AI; appoints new CEO and CTO/COO

VISIUM TECHNOLOGIES, INC.

Paul Taylor appointed Chairman and CEO; Cheddi Rai appointed CTO/COO; Mark Lucky remains CFO, effective April 27, 2026.
Entered non-binding LOI to acquire 100% of ConnexUS AI and licensed access to RAGböx.co platform from WXYZ Hosting LLC and AdRetreaver LLC.
Dual ring-fence structure aims to isolate legacy obligations and achieve GAAP-compliant balance sheet for AI-focused growth.
No financial terms disclosed; transaction subject to due diligence and execution of definitive agreements.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Paul Taylor

Chairman of the Board and Chief Executive Officer

VISM · VISIUM TECHNOLOGIES, INC.

Effective: 2026-04-27
Filed: April 28, 2026, 7:59 PM ET

Effective April 27, 2026, Mr. Paul Taylor has assumed the positions of Chairman of the Board and Chief Executive Officer of Visium Technologies, Inc. (the “Company”).

Appointed

Cheddi Rai

Chief Technology Officer and Chief Operating Officer

VISM · VISIUM TECHNOLOGIES, INC.

Effective: 2026-04-27
Filed: April 28, 2026, 7:59 PM ET

Concurrently, Mr. Cheddi Rai has been appointed Chief Technology Officer and Chief Operating Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul Taylor was appointed as Chairman of the Board and Chief Executive Officer at VISIUM TECHNOLOGIES, INC..

Action: assumed
Role: Chairman of the Board and Chief Executive Officer

Exact text from the filing

Effective April 27, 2026, Mr. Paul Taylor has assumed the positions of Chairman of the Board and Chief Executive Officer of Visium Technologies, Inc. (the “Company”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Cheddi Rai was appointed as Chief Technology Officer and Chief Operating Officer at VISIUM TECHNOLOGIES, INC..

Action: appointed
Role: Chief Technology Officer and Chief Operating Officer

Exact text from the filing

Concurrently, Mr. Cheddi Rai has been appointed Chief Technology Officer and Chief Operating Officer of the Company.

View on SEC.gov

VISIUM TECHNOLOGIES, INC. filing history →

Source: SEC EDGAR

accession 0001654954-26-003986

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