---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-020634"
form_type: "8-K"
ticker: "VRSSF"
cik: "0001879001"
company_name: "Verses AI Inc."
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:56:58.047477+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# VERSES AI secures CAD$14M private placement, cuts staff to extend cash runway

## Summary
- Private placement of CAD$14M (2,333,334 units at CAD$6.00/unit; each unit = 1 share + 1/2 warrant exercisable at CAD$7.00).
- Workforce reduction includes targeted layoffs, furloughs, and executive salary deferrals.
- Actions intended to strengthen liquidity, reduce cost structure, and extend cash runway.
- Closing subject to Cboe Canada approval; expected in tranches.
- Proceeds and savings to focus on commercialization of flagship product Genius.

## SEC filing metadata
- accession: 0001493152-25-020634
- form_type: 8-K
- ticker: VRSSF
- cik: 0001879001
- company_name: Verses AI Inc.
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879001/000149315225020634/0001493152-25-020634-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879001/000149315225020634/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-020634
- JSON: https://secwatch.observer/filing/0001493152-25-020634.json
- Plain text: https://secwatch.observer/filing/0001493152-25-020634.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.