VERSES® Announces Closing of US$7.9 Million (C$11.0
VERSES AI Inc. has successfully completed its public offering, raising approximately US$7.9 million by issuing 2,750,000 units at US$2.88 each. Each unit includes one Class A Subordinate Voting Share and half a Share purchase warrant, allowing the purchase of additional shares at US$3.60 for 36 months. The net proceeds will enhance the company’s financial position, […]
Verses AI Inc Announces Pricing of Public Offering of
Verses AI Inc. has announced the pricing of a public offering of 2,750,000 units at a price of US$2.88 each, aiming for gross proceeds of US$7.92 million. Each unit includes one Class A subordinate voting share and half a share purchase warrant, exercisable at US$3.60 for 36 months. The offering is conducted under a base […]
Verses AI Inc. Announces Proposed Public Offering of
Verses AI Inc. announced a securities offering in Canada and the U.S. under its base shelf prospectus and registration statement. The final pricing and details of the offering remain uncertain and depend on market conditions and required approvals, including from Cboe Canada Inc. Investors are encouraged to review the base shelf prospectus and related documents […]
VERSES® Promotes James Hendrickson to President and Chief
VERSES AI Inc. has promoted James Hendrickson to President and Chief Operating Officer, emphasizing his operational excellence as the company prepares for the commercial launch of its Genius™ platform. CEO Gabriel René highlighted Hendrickson’s experience in scaling tech operations as crucial for growth. Hendrickson expressed honor in his new role and commitment to delivering quality […]
VERSES® Trading Under New Ticker VRSSD on OTCQB Market
VERSES AI Inc. (CBOE: VERS, OTCPK: VRSSD) announced on March 27, 2025, that its Class A Subordinate shares began trading on the OTCQB market as part of its strategy for an eventual Nasdaq uplisting. Approval from Nasdaq and compliance with pricing and financing requirements are necessary, but there’s no guarantee of timely approval. VERSES specializes […]
VERSES® Announces Consolidation of Class A Subordinate
VERSES AI Inc. is consolidating its Class A Subordinated Voting Shares in preparation for an uplisting on the Nasdaq Capital Market. The consolidation ratio is 1:9, reducing the number of outstanding shares from approximately 211 million to about 23 million. This move aims to enhance visibility, attract a diverse range of global investors, and improve […]
VERSES® Announces Commercial Partnership with AI Driller
VERSES AI Inc., a cognitive computing firm, announces its collaboration with AI Driller, an AI solutions provider for the oil and gas industry, as part of the Genius commercial program. AI Driller enhances operations for global oil companies using advanced AI technologies. CEO Marat Zaripov emphasizes the potential of this partnership to improve investment returns […]
VERSES Demonstrates Smart Building Energy Optimization
VERSES AI Inc. showcased its smart home innovations at the invite-only Turing Grand Challenge on March 17-18, 2025, in Vancouver. CEO Gabriel René emphasized that existing energy control systems are reactive and fail to consider key variables. The exhibit, EcoNet, developed alongside University College London, demonstrates a multi-agent system that optimizes energy management by intelligently […]
VERSES® to Present at the 37th Annual Roth Conference March
VERSES AI Inc. (CBOE:VERS) will be represented by CEO Gabriel René and CFO James Christodoulou at the 37th Annual ROTH Conference in Dana Point, CA, from March 16-18, 2025. René is scheduled to speak on the panel “AI – Life After Deepseek” on March 18 and will engage in 1-on-1 meetings. This conference will feature […]
VERSES® Announces Conversion of Strategic Investment by
VERSES AI Inc. announced the conversion of Convertible Debentures held by Group 42 Holding Ltd (G42) into units of the Company. G42 invested $10 million in June 2024 through a private placement, which included unsecured convertible debentures and detachable share purchase warrants. Each Conversion Unit comprises one Class A Subordinate Voting Share and half a […]