secwatch.observer — SEC 8-K summary
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Issuer:     Versus Systems Inc. (VS)
CIK:        0001701963
Form:       8-K
Filed at:   2024-01-12T23:59:59+00:00
Accession:  0001213900-24-003338
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Versus Systems effects 1:16 reverse stock split to regain Nasdaq compliance; annual meeting results
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- Reverse split effective December 29, 2023, reduces outstanding shares from 40,096,440 to 2,506,015.
- Company received Nasdaq bid-price noncompliance notices on Jan 23 and July 25, 2023; compliance deadline is Jan 22, 2024.
- Annual meeting held Dec 29, 2023; shareholders fixed board at seven and elected all director nominees (Pierce, Peymani, Barrera, Gahagan, Goldner, Catzel, Pruitt).
- RJI International CPAs ratified as auditors for fiscal 2024; board authorized to set auditor remuneration.
- No fractional shares issued; adjustments made to outstanding warrants/options per split ratio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701963/000121390024003338/0001213900-24-003338-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701963/000121390024003338/ea191489-8k_versus.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-003338

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