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VANCOUVER, B.C., June 26, 2023 – VERSES AI Inc. (NEO: VERS) (OTCQX:VRSSF) (“VERSES” or the “Company”) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and ATB Capital Markets Inc. (together, the “Broker Dealers”) to act as co-lead underwriters, co-lead agents, and joint bookrunners in connection with the Offering (as defined below). The Broker Dealers, alone or on behalf of a syndicate, will assist the Company on (a) a “commercially reasonable efforts” underwritten overnight marketed offering (the “LIFE Offering“) of units of the Company (the “LIFE Units“); and (b) a “best efforts” agency basis private placement (the “Private Placement“, and together with the LIFE Offering, the “Offering“) of special warrants of the Company (the “Special Warrants“). Each Special Warrant shall be exercisable for one unit of the Company (each, an “Equity Unit”, and together with the LIFE Units, the “Units“) at no additional cost.
Originally Posted: https://www.verses.ai/press-2/verses-ai-inc.-announces-overnight-marketed-life