secwatch.observer — SEC 8-K summary
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Issuer:     Verses AI Inc. (VRSSF)
CIK:        0001879001
Form:       8-K
Filed at:   2026-03-17T23:59:59+00:00
Accession:  0001493152-26-010465
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verses AI closes C$745,805 private placement; issues shares and warrants, insider participation
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- Raised C$745,805 gross cash (US$547,644) and extinguished C$132,300 liabilities via 1,170,807 units at C$0.75/unit.
- Each unit includes one Class A share and one-half warrant; warrants exercisable at C$1.00 for 24 months.
- Chairman Michael Blum participated with 53,333 units for C$40,000; related-party transaction exempt from formal valuation.
- Proceeds to strengthen financial position, fund R&D and working capital.
- Finder warrants issued: 75,546 finder warrants to non-U.S. finders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879001/000149315226010465/0001493152-26-010465-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879001/000149315226010465/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-010465

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer