VISM news

Visium Technologies entered a non-binding term sheet to assign specified semiconductor rights to a new Indonesian subsidiary. However, the transaction is not guaranteed to close and is not a manufacturing agreement.

Visium's board terminated its proposed acquisition of ConnexUS AI, determining the incubation failed and was not in shareholders' best interests. The mutual settlement agreement extinguishes all payment obligations, confirms ConnexUS retains all ATHENA platform IP, and provides mutual releases of cl…