VISIUM TECHNOLOGIES, INC. (VISM)

Key Insights

• Visium Technologies has reached a settlement agreement to extinguish all outstanding obligations under the Labrys Notes and Talos Warrants, eliminating associated derivative liabilities, conversion overhang, and potential dilution.
• The settlement agreement involves a single payment of $150,000 by Visium, which represents a negotiated compromise of more than 18% below the current face amount of the Labrys Notes.
• The structure of the settlement agreement as a complete extinguishment, rather than a conventional purchase or assignment, ensures a clean, final resolution and avoids the involvement of any third-party buyers.