Visium signs term sheet to assign device rights into newly formed Indonesian PMA unit

• Visium Technologies executed a non-binding term sheet to assign specified contract-use, offtake, deployment rights into a newly formed Indonesian PMA company.
• A wholly owned Delaware subsidiary would hold a 99% interest in the Indonesian vehicle.
• Structure is an assignment of identified rights, not an acquisition of any operating company equity.
• Closing remains conditional on consents, export-control classification, Indonesian approvals, site rights, written device specifications, corporate approvals.
• Consideration is expected to be non-voting convertible preferred stock in a private placement, not cash unless separately authorized.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Visium Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609220930PRIMZONEFULLFEED9831185) on September 22, 2026, and is solely responsible for the information contained therein.