Versus Systems enters non-binding LOI with Drinkfinger Enterprises

Rhea-AI Filing Summary

Versus Systems Inc. (VS) reported that on November 18, 2025 it signed a non-binding letter of intent with Drinkfinger Enterprises Ltd.. The parties are exploring a potential strategic collaboration focused on creating digital and on-site audience engagement activations in global markets, which fits with Versus Systems’ engagement and rewards technology business.

The letter of intent is explicitly described as non-binding, meaning it outlines proposed terms and intentions but does not commit either party to complete a definitive agreement. Further details, including any commercial terms or financial impact, would depend on future binding agreements, if any, between Versus Systems and Drinkfinger Enterprises.

false 0001701963 0001701963 2025-11-18 2025-11-18 0001701963 VS:CommonSharesMember 2025-11-18 2025-11-18 0001701963 VS:UnitWarrantsMember 2025-11-18 2025-11-18 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 18, 2025

VERSUS SYSTEMS INC.

(Exact name of registrant as specified in its charter)

Delaware		001-39885		46-4542599
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

3500 South DuPont Hwy.

Dover, DE 19901

(Address of principal executive offices, including Zip Code)

Registrant’s telephone number, including area code: (604) 639-4457

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Shares		VS		The Nasdaq Capital Market
Unit A Warrants		VSSYW		The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure.

On November 18, 2025, Versus Systems, Inc. issued a press release describing its entry into a non-binding letter of intent with Drinkfinger Enterprises Ltd. regarding a potential strategic collaboration to create digital and on-site audience engagement activations in global markets.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
99.1		Press Release dated November 18, 2025
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	VERSUS SYSTEMS INC.
Date: November 18, 2025	By:	/s/ Luis Goldner
	Name:	Luis Goldner
	Title:	Chief Executive Officer

2

FAQ

What did Versus Systems Inc. (VS) announce in this 8-K filing?

Versus Systems Inc. announced that on November 18, 2025 it entered into a non-binding letter of intent with Drinkfinger Enterprises Ltd. to explore a potential strategic collaboration for digital and on-site audience engagement activations in global markets.

Who is Versus Systems (VS) planning to collaborate with under the new letter of intent?

Versus Systems is planning a potential strategic collaboration with Drinkfinger Enterprises Ltd., as described in a non-binding letter of intent dated November 18, 2025.

What is the focus of the potential collaboration between Versus Systems (VS) and Drinkfinger Enterprises?

The potential collaboration is focused on creating digital and on-site audience engagement activations in global markets, aligning with Versus Systems’ expertise in audience engagement solutions.

Is the agreement between Versus Systems (VS) and Drinkfinger Enterprises binding?

No. The companies have signed a non-binding letter of intent, which expresses their intentions to explore a strategic collaboration but does not obligate either party to complete a definitive agreement.

Does this Versus Systems (VS) 8-K disclose any financial terms of the Drinkfinger collaboration?

No specific financial terms or transaction amounts are described. The filing only notes the existence of a non-binding letter of intent and the strategic focus on audience engagement activations.

Where can investors find more details about the Versus Systems (VS) announcement?

More details are contained in the press release dated November 18, 2025, which is included as Exhibit 99.1 to the report.