VISM · Visium Technologies, Inc.

Visium Technologies, Inc. (VISM) announced the formation of PTNA Acquisition Corp., a wholly owned Delaware C-Corp subsidiary, authorized by the board on April 27, 2026. This action follows an instruction memorandum from PT Smart Green Technology Pte Ltd (SGT), a Singapore entity, and is consistent with a Mutual Collaboration Agreement dated March 31, 2026, between Visium's Chairman/CEO Paul R. Taylor and SGT. PTNA is designed as a bankruptcy-remote, liability-segregated vehicle to execute strategic acquisitions, with initial targets being AI Capital UK and AI Capital Indonesia. The structure aims to facilitate rapid M&A in agentic AI, cybersecurity, and alternative energy, while preserving financing flexibility and supporting potential Nasdaq listing via a Form S-1 registration. The board mandated strict corporate separateness protocols to avoid veil-piercing risks. Formation must be completed within 14 business days, with initial capitalization of at least $10,000. This subsidiary structure is a significant strategic move, positioning Visium for expansion into high-growth sectors through a dedicated acquisition vehicle.