Visium Technologies Announces Full Settlement of Labrys Notes and Talos Warrants, Eliminating \$182,000 in Debt and All Conversion Overhang

Key Points for Investors

• Settlement of Over \$182,000 in Debt: Visium Technologies, Inc. (OTC Pink: VISM) has announced the execution of a definitive Settlement Agreement, eliminating all outstanding obligations under the Labrys Notes and Talos Warrants. This results in the cancellation of approximately \$182,243.75 in debt as of March 31, 2026.
• Removal of Conversion and Dilution Risk: The transaction terminates all conversion rights and derivative liabilities associated with these financial instruments, removing a significant source of potential share dilution and conversion overhang.
• Strengthening of Capital Structure: By extinguishing these liabilities, Visium’s balance sheet is improved, which positions the company for its next phase of growth and could positively impact shareholder value.
• Upcoming Strategic Transformation: This settlement follows the company’s recently announced Letter of Intent to acquire ConnexUs AI, signaling a strategic transformation and potential expansion of its proprietary TruContext™ agentic AI cybersecurity platform.

Details of the Settlement

Under the terms of the agreement dated April 10, 2026, Visium Technologies will make a one-time payment (to be completed on or before April 13, 2026) in exchange for:

• Immediate cancellation of both Labrys Notes (aggregate outstanding balance of approximately \$182,243.75 as of March 31, 2026) and all related transaction documents.
• Immediate cancellation of 5,112,426 Talos Warrants and all related transaction documents.
• Mutual general releases, including a broad waiver of unknown claims under applicable Delaware law.
• Express termination of all conversion rights, exercise rights, reserved shares, and transfer agent instructions.
• Delivery of cancellation instructions to the company’s transfer agent regarding any share reserves for conversion.
• Standard no-admission and confidentiality protections, subject only to the company’s mandatory reporting obligations under the Securities Exchange Act of 1934.

The settlement was negotiated at over 18% below the current face amount of the Labrys Notes, representing a favorable compromise for Visium. The direct extinguishment of these obligations—without the involvement of any third-party purchasers or assignees—ensures a clean and final resolution.

Potential Price-Sensitive Implications for Shareholders

• Elimination of Dilution Risk: The termination of all conversion and warrant rights means that there will be no further issuance of shares under these instruments, removing a significant overhang that could have depressed share prices.
• Improved Financial Position: The removal of \$182,000 in outstanding debt and all related derivative liabilities directly strengthens the capital structure, improving the company’s attractiveness to current and prospective investors.
• Strategic Growth Initiatives: The settlement aligns with management’s focus on executing strategic growth initiatives, such as the potential acquisition of ConnexUs AI and the scaled deployment of the TruContext™ platform.
• Immediate Effect: The settlement is expected to close promptly upon receipt of the wire payment, providing immediate relief from these liabilities.

Management Commentary

Mark Lucky, Chief Financial Officer of Visium Technologies, stated:

“This settlement delivers a swift and economically favorable resolution that removes a significant liability from our balance sheet and eliminates all associated conversion risk. By extinguishing the Labrys Notes and Talos Warrants in full, we are taking another decisive step to strengthen our capital structure ahead of the next phase of our growth. Combined with the recently announced Letter of Intent to acquire ConnexUs AI, this action reflects our commitment to positioning Visium for an exciting new chapter—deploying our TruContext™ agentic AI cybersecurity platform at scale and delivering long-term value to our shareholders.”

About Visium Technologies

Visium Technologies, Inc. is a Fairfax, Virginia-based cybersecurity company specializing in agentic AI solutions for advanced threat detection, autonomous AI governance, and intelligence through its proprietary TruContext™ platform. The platform includes TruClaw™, an AI governance and control layer designed to neutralize autonomous agent-based threats. The company is headquartered at 4094 Majestic Lane, Suite 360, Fairfax, VA 22033.

Forward-Looking Statements

This article contains forward-looking statements regarding future events and business outlook. Actual results may differ materially due to known and unknown risks and uncertainties. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of their date. Visium Technologies undertakes no obligation to update or revise such statements except as required by law.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult your financial advisor before making investment decisions.

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