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.

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Executive movements

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Appointed

Paul Taylor

Chairman of the Board and Chief Executive Officer

VISIUM TECHNOLOGIES, INC.

Effective: 2026-04-27
Filed: Apr 28, 2026 23:59 UTC

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

VISIUM TECHNOLOGIES, INC.

Effective: 2026-04-27
Filed: Apr 28, 2026 23:59 UTC

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

Source: SEC EDGAR

accession 0001654954-26-003986

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