Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.95
Verses AI Inc. issued 1,170,807 units, each unit consisting of one Class A Subordinate Voting Share and one-half of one share purchase warrant of unit to various investors for C$745,805 (approximately US$547,644) in cash and extinguishment of C$132,300 (approximately US$97,148) in liabilities.
- Security
- unit
- Shares
- 1,170,807 units, each unit consisting of one Class A Subordinate Voting Share and one-half of one share purchase warrant
- Purchaser
- various investors
- Consideration
- C$745,805 (approximately US$547,644) in cash and extinguishment of C$132,300 (approximately US$97,148) in liabilities
Exact text from the filing
On March 13, 2026, Verses AI Inc. (the “Company”) closed a non-brokered private placement offering of 1,170,807 units (the “Units”) of the Company at a price of C$0.75 (US$0.55) per Unit (the “Offering”). Pursuant to the Offering, the Company raised gross cash proceeds of C$745,805 (approximately US$547,644) through the issuance of 994,407 Units, before deducting commissions and expenses incurred in connection with the Offering, and extinguished C$132,300 (approximately US$97,148) in liabilities through the issuance of 176,400 Units.
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.95
Verses AI Inc. issued 75,546 finder warrants of warrant to certain finders located outside of the United States for services as finders, no additional cash consideration.
- Security
- warrant
- Shares
- 75,546 finder warrants
- Purchaser
- certain finders located outside of the United States
- Consideration
- services as finders, no additional cash consideration
Exact text from the filing
In connection with the Offering, the Company paid aggregate cash finders’ fees of C$16,160 (approximately US$11,866) and issued an aggregate of 75,546 finder warrants (each, a “ Finder Warrant ”) to certain finders located outside of the United States, who assisted the Company with the offer and sale of Units to purchasers who were not “U.S. persons” as defined in Regulation S under the U.S. Securities Act (as defined below).
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