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VERSES Announces Proceeds of CDN $6,778,062 from Warrant and Option Exercises
VERSES
:
Jun 12, 2023 12:00:00 AM

Vancouver, BC – 12 June 2023 – (GLOBE NEWSWIRE) – VERSES AI Inc. (NEO:VERS) (OTCQX:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in the next generation of artificial intelligence is pleased to announce that it has received an additional CDN $6,778,062 from the exercise of 6,534,385 Class A subordinate voting share purchase warrants and 310,000 stock options. A total of 7,606,734 Class A subordinate voting share purchase warrants, 943,777 broker warrants and 960,000 stock options have been exercised since March 13th, 2023, for total gross proceeds of CDN $9,264,362.
“We are thrilled by the overwhelming response to the warrant issuance, which reaffirms the confidence that investors have in our potential," said VERSES CEO, Gabriel René. "The additional capital will fuel our ambitions and enable us to accelerate our strategic initiatives. We are excited about the opportunities ahead and remain committed to delivering value to our shareholders.”
About VERSES
VERSES is a cognitive computing company building next-generation agentic software systems modeled after the wisdom and genius of Nature. Designed around first principles found in science, physics and biology, our flagship product, Genius™, is an agentic enterprise intelligence platform designed to generate reliable domain-specific predictions and decisions under uncertainty. Imagine a Smarter World that elevates human potential through technology inspired by Nature. Learn more at verses.ai, LinkedIn and X.
On behalf of the Company
Gabriel René, Founder & CEO
Press Inquiries: press@verses.ai
Investor Relations Inquiries
James Christodoulou, Chief Financial Officer
ir@verses.ai
(212) 970-8889
The NEO has not reviewed or approved this press release for the adequacy or accuracy of its contents.