VERSES AI INC Stock Price, News & Analysis

VERSES AI (OTCQB:VRSSF) has announced a corporate update webinar scheduled for July 29th at 9:30 AM Pacific Time. The webinar will feature Co-Founder and CEO Gabriel René and President James Hendrickson, who will provide updates on the company's Genius™ platform for intelligent software agents.

The presentation will cover the company's business strategy, recent developments, and future roadmap. Additionally, VERSES has announced that its ticker symbol has reverted to VRSSF on the OTCQB following a temporary change.

VERSES AI (OTCQB: VRSSD) has achieved significant recognition by being included in Gartner's Hype Cycle for Artificial Intelligence, 2025 as a Sample Vendor. The company, which specializes in cognitive computing and agentic software systems, has also been recognized in separate Gartner reports for Spatial Computing and Active Inference.

VERSES is one of six companies listed in the First Principles AI category. CEO Gabriel René highlighted that their Genius™ platform is specifically designed to address enterprise demands for reliable domain-specific models, contrasting with current unreliable and unexplainable AI systems.

VERSES AI (OTCQB:VRSSD) has successfully completed its public offering, raising C$9.57 million (US$7.00 million) through the sale of 1,007,764 units at C$9.50 (US$6.946) per unit. Each unit consists of one Class A Subordinate Voting Share and half a warrant, with each full warrant exercisable at C$11.50 for 36 months.

The offering was led by A.G.P. Canada Investments ULC and A.G.P./Alliance Global Partners. The company paid C$450,000 in cash commissions and issued 35,271 compensation warrants to the agents. Additionally, a financial advisor received US$250,000 (C$341,904) and 75,000 corporate finance fee warrants.

The proceeds will be used to strengthen VERSES' financial position, fund research and development objectives, and provide working capital for general corporate purposes.

VERSES AI Inc. (OTCQB: VRSSD) has announced the pricing of its public offering of 1,007,764 units at US$6.946 (C$9.50) per unit, aiming to raise gross proceeds of US$7,000,331 (C$9,573,758).

Each unit consists of one Class A subordinate voting share and one-half of a share purchase warrant. Each whole warrant will be exercisable at US$8.409 (C$11.50) per share for 36 months. A.G.P. Canada Investments ULC is serving as lead agent, with A.G.P./Alliance Global Partners acting as U.S. agent.

The proceeds will be used to strengthen the company's financial position, fund research and development objectives, and provide working capital for general corporate purposes.

VERSES AI Inc. (OTCQB: VRSSD) has announced plans for a public offering of securities. The offering will be conducted on a reasonable best-efforts basis through lead agent A.G.P. Canada Investments ULC and U.S. agent A.G.P./Alliance Global Partners.

The company will file a preliminary and final prospectus supplement to its existing base shelf prospectus in Canadian provinces and territories (except Québec) and with the SEC. The specific terms, including pricing and securities to be offered, will be determined at pricing. The offering's completion is subject to market conditions and regulatory approvals, including CBOE approval.

VERSES AI (OTCQB: VRSSD) has been featured in Psychology Today, highlighting its innovative Genius™ cognitive computing model. The article, authored by Distinguished Fellow of the American Psychiatric Association Dr. Grant Hilary Brenner, emphasizes how VERSES' approach differs fundamentally from traditional Large Language Models (LLMs).

The Genius model, developed by computational psychiatrist Karl Friston and team, is specifically designed to mimic natural intelligence with built-in motivational systems that drive exploration, information seeking, and world model refinement. The technology aims to advance understanding of artificial consciousness through affective neuroscience.

VERSES AI (CBOE: VERS, OTCQB: VRSSD) has secured Algo8 as a new enterprise customer for its Genius platform. Algo8, an industrial AI company serving Fortune 500 and Global 2000 clients like Vedanta, Jindal Steel & Power, and Tata, will integrate Genius into their PlantBrain™ platform to enhance predictive capabilities.

The partnership aims to implement advanced features including predictive maintenance, demand forecasting, production planning, and energy optimization. Algo8 will also become a certified Genius reseller, expanding VERSES' market reach in industrial applications across energy, metals, automotive, healthcare, insurance, and pharmaceuticals sectors.

VERSES AI (VRSSF) has secured Kalosys, an AI-driven IT solutions provider, as an enterprise customer and future certified Genius reseller. Kalosys will leverage VERSES' Genius platform to enhance its Agent Factory solution, focusing on dynamic workforce scheduling and co-intelligence capabilities. The partnership aims to create an adaptive system that optimizes employee and expert assignment to tasks in real-time, considering changing priorities and constraints. Kalosys brings 20+ years of security and resilience experience and plans to expand its portfolio of over 30 secure AI agents. The collaboration targets improving resource utilization, project turnaround times, and cost efficiency in large-scale workforce management through VERSES' dynamic reasoning engine.

VERSES AI announced a 3:1 share consolidation of its Class A Subordinate Voting Shares, effective around June 23, 2025. The consolidation will reduce outstanding shares from 26,239,469 to approximately 8,746,490. Following the consolidation, the company's OTCQB ticker symbol will change to VRSSD. The consolidation, approved by the board on June 10, 2025, will adjust all outstanding convertible securities proportionally. Shareholders with physical certificates must submit them to Endeavor Trust Corporation for exchange, while direct registration system holders will receive updates automatically. No fractional shares will be issued, with amounts rounded to the nearest whole share.