Visium Technologies, Inc. Announces Exclusive Investment Banking Agreement

Rhea-AI Summary

Visium Technologies (OTC PINK:VISM) has entered an exclusive advisory agreement with Donald Capital, an investment banking firm. This partnership aims to secure capital for product development and support strategic goals. The funds will enhance Visium's sales, marketing, and engineering capabilities. CEO Mark Lucky highlighted Donald Capital's experience in cybersecurity, which aligns with Visium's growth plans. The upcoming funding round will also support the company's ambitions for listing on a national exchange.

Positive

• Exclusive advisory agreement with Donald Capital will enhance capital acquisition.
• Funds will be allocated to strengthen sales, marketing, and engineering teams.
• Partnership with a firm specialized in cybersecurity boosts growth potential.
• Funding will support plans for listing on a national exchange.

Negative

• None.

FAIRFAX, VA / ACCESSWIRE / March 4, 2021 / Visium Technologies, Inc. ("Visium" or the "Company") (OTC PINK:VISM) today announced that it has entered into an exclusive advisory agreement with New York-based investment banking firm Donald Capital, LLC.

Donald Capital has recently brought the Company needed capital which the Company has invested in significant product development. Donald Capital will now focus on a much larger, best-efforts raise, to help Visium achieve its strategic goals.

Proceeds from the proposed offering will be used to build out Visium's sales, marketing, and engineering teams, and for product development and general working capital needs.

"We look forward to working with Donald Capital on these important initiatives," said Mark Lucky, CEO of Visium Technologies, Inc. "Donald Capital has a great track record and specializes in working with many fast growing, early-stage companies like ours. In particular, they have a unique and deep expertise within cybersecurity, leveraging over two decades of experience. This next round of funding will facilitate our plans for growth and listing on a national exchange."

This press release is not a solicitation or offer to buy or sell securities. Investments may be speculative, illiquid and carry a risk of loss. Past performance is not indicative of future results.

About Donald Capital, LLC
Donald Capital was founded in 2019 by senior Wall Street veterans with a long-term goal to become the premiere boutique investment bank in all sectors for both domestic and foreign companies. The firm is headquartered in New York City with an office in St. Petersburg, FL.

Contact information for the firm is: Donald McDonald-CEO, its email is: info@donaldcapital-ny.com, its website is: www.donaldcapital-ny.com, and its Corporate Office-NY phone number is: 914-806-2066.

About Visium Technologies, Inc.
Visium Technologies, Inc. (OTC PINK:VISM) is a Florida corporation based in Fairfax, Virginia, focused on global cybersecurity clarity, machine learning, advancing technology and automating services to support enterprises in protecting their most valuable assets - their data, business applications, and IoT on their networks and in the cloud.

For more information please visit www.visiumtechnologies.com

Safe Harbor Statement: Under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements that reflect management's current views with respect to future events and performance. These forward-looking statements are based on management's beliefs and assumptions and information currently available. The words "believe," "expect," "anticipate," "intend," "estimate," "project" and similar expressions that do not relate solely to historical matters identify forward-looking statements. Investors should be cautious in relying on forward-looking statements because they are subject to a variety of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed in any such forward-looking statements. These factors include, but are not limited to, whether the reverse stock split will be beneficial to the Company and its shareholders, any inability to meet the NYSE American continued listing standards in the future for any reason, and those other factors described in our filings with the U.S. Securities and Exchange Commission. Any responsibility to update forward-looking statements is expressly disclaimed.

CONTACT:
Visium Technologies, Inc.
Corporate: Mark Lucky, Chief Executive Officer
mlucky@visiumtechnologies.com

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Corporate Office:
4094 Majestic Lane Suite 360
Fairfax, VA 22033
Phone: 703-273-0383

Investor Relations:
Peter Nicosia
Bull in Advantage, LLC
Phone: 585-703-6565
Email: Info@BlueHorseshoeStocks.com

SOURCE: Visium Technologies, Inc.

View source version on accesswire.com:
https://www.accesswire.com/633418/Visium-Technologies-Inc-Announces-Exclusive-Investment-Banking-Agreement

FAQ

What is the recent announcement by Visium Technologies on March 4, 2021?

Visium Technologies announced an exclusive advisory agreement with Donald Capital for capital raise and product development.

How will the funds from Donald Capital be used by Visium Technologies?

The funds will be used to build out Visium's sales, marketing, engineering teams, and for product development.

What are the strategic goals of Visium Technologies with the new funding?

The strategic goals include significant product development and achieving a listing on a national exchange.

What is the relation between Donald Capital and Visium Technologies?

Donald Capital is an investment banking firm that will assist Visium in raising capital for its growth initiatives.