VISM · Visium Technologies, Inc.

Visium Technologies is undergoing a significant strategic pivot through leadership realignment and a proposed acquisition of ConnexUS AI alongside a license for the RAGböx platform, positioning the company as a public-market entity focused on governed, enterprise-grade AI solutions. Paul Taylor's appointment as Chairman and CEO, with Cheddi Rai as CTO/COO and Mark Lucky continuing as CFO, signals a management team tailored to execute an AI-centric business plan, separating legacy operations to deliver a clean GAAP-compliant balance sheet and isolate pre-closing liabilities except for $350,000 in assumed convertible notes. The LOI structure preserves founder control over RAGböx IP via ARPRT LLC while granting Visium a scalable revenue share (40% NOI retention), aligning incentives for platform development. ConnexUS contributes immediate traction with $374,000 ARR, 100% uptime, and 95% satisfaction across 14 customers, complementing RAGböx's no-code RAG capabilities for regulated industries. This setup supports segmented reporting and targets scalable growth in a segment estimated at over $5B, though forward-looking and subject to closing risks including due diligence and regulatory compliance.