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VERSES Closes Third Tranche of LIFE Offering

GlobeNewswire LogoGlobeNewswire2w ago

VERSES Closes Third Tranche of LIFE Offering - GlobeNewswire

Quick Summary:

NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec.09, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc.(CBOE: VERS) (OTCQB:VRSSF) ("VERSES” or the "Company”) is pleased to announce that it closed the third tranche of its previously announced non-brokered private placement (the "LIFE Offering”) of units of the Company (the "LIFE Units”) for gross proceeds in this third tranche of $770,000 from a single investor.

Although VERSES believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct.

The LIFE Offering was also conducted in the United States pursuant to exemptions from the registration requirements under Regulation D of the United States Securities Act of 1933, as amended (the "1933 Act”), subject to receipt of all necessary regulatory approvals, and in those other jurisdictions outside of Canada and the United States provided it is understood that no prospectus filing or comparable obligation arises in such other jurisdiction.

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Article Details

Author / Journalist: VERSES AI Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-10 @ 00:36:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 1233 words

Reading Time: 7 minutes read

Sentences: 35 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 24303041

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 7 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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