Formation of PTNA Acquisition Corp.

Visium Technologies, Inc. announced on April 27, 2026, the authorization and direction to form PTNA Acquisition Corp. (PTNA), a wholly owned Delaware C-Corporation subsidiary. This strategic move, prompted by an instruction memorandum from PT Smart Green Technology Pte Ltd and consistent with a prior collaboration agreement, establishes PTNA as a dedicated vehicle for strategic acquisitions and capital markets activities. PTNA is structured to be bankruptcy-remote and liability-segregated, with initial targets including AI Capital UK and AI Capital Indonesia. The formation aims to facilitate rapid, flexible execution of mergers, acquisitions, and joint ventures in the AI, cybersecurity, and alternative energy sectors, while also supporting future financing transactions and simplifying financial reporting. The company is implementing strict corporate separateness protocols to maintain liability protection. PTNA is expected to be formed within fourteen business days, with a focus on acquisition-optimized structures and compliance with Nasdaq listing requirements. Further filings will be made upon PTNA's completion and execution of material agreements.