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Visium extended exclusivity under a non-binding term sheet and broadened mutual due diligence for a proposed assignment of device rights to PT Visium Compute Indonesia. Any definitive deal remains subject to board approval and other conditions.
Visium Technologies extended exclusivity through March 31, 2027, for a proposed assignment of device rights to PT Visium Compute Indonesia. The proposed transfer covers specified device contract-use, offtake and deployment rights into the newly formed Indonesian foreign-investment company. Both sides expanded due dilig