secwatch.observer — SEC 8-K summary
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Issuer:     VISIUM TECHNOLOGIES, INC. (VISM)
CIK:        0001082733
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001654954-26-003986
Event type: m_and_a
Sentiment:  positive
Materiality: 0.50
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1082733/000165495426003986/0001654954-26-003986-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1082733/000165495426003986/vism_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-003986

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer