---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-029568"
form_type: "8-K"
ticker: "VRSSF"
cik: "0001879001"
company_name: "Verses AI Inc."
filed_at: "2026-06-22T18:58:13+00:00"
generated_at: "2026-06-22T18:59:16.034112+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Verses AI discontinues AI operations, pursues strategic alternatives; President/COO, CTO resign over unpaid wages

## Summary
- Discontinues AI R&D and related expenditures to preserve capital; no assurance of continued operations.
- President/COO James Hendrickson and CTO Hari Thiruvengada resign over non-payment of earned wages and compensation disagreements.
- CSO Karl Friston also resigns; licensing agreement with Prodigii AI, LLC terminated.
- CEO David Scott says exhaustive fundraising and M&A efforts failed to close; company pursuing strategic alternatives.

## SEC filing metadata
- accession: 0001493152-26-029568
- form_type: 8-K
- ticker: VRSSF
- cik: 0001879001
- company_name: Verses AI Inc.
- filed_at: 2026-06-22T18:58:13+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879001/000149315226029568/0001493152-26-029568-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879001/000149315226029568/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-029568
- JSON: https://secwatch.observer/filing/0001493152-26-029568.json
- Plain text: https://secwatch.observer/filing/0001493152-26-029568.txt

## Key facts
- Executive change
  James Hendrickson resigned as President and Chief Operating Officer at Verses AI Inc..
  - Action: resigned
  - Role: President and Chief Operating Officer
  source text: On June 15, 2026, James Hendrickson, the President and Chief Operating Officer of Verses AI Inc. (the “Company”) informed the Company’s Board of Directors (the “Board”) that he was resigning as the President and Chief Operating Officer effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879001/000149315226029568/0001493152-26-029568-index.htm

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