Versus Systems (NASDAQ: VS) details LiftMedia LDA agreement for Iberian rollout
Rhea-AI Filing Summary
Versus Systems Inc. reported that it has entered into a definitive agreement with Polay & Dell’Aringa LDA, doing business as LiftMedia LDA. Under this agreement, Versus will implement its technology platform in certain Spanish, Portuguese, and other Iberian Peninsula markets, with plans for a broader rollout afterward. The update is provided as a Regulation FD disclosure through a press release dated December 11, 2025.
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Insights
Versus is formalizing a partnership to deploy its platform in Iberian markets.
Versus Systems Inc. disclosed a definitive agreement with Polay & Dell’Aringa LDA (LiftMedia LDA) to implement its technology platform in Spanish, Portuguese, and other Iberian Peninsula markets. A definitive agreement indicates that key commercial and operational terms have been negotiated and formally agreed between the parties.
The arrangement centers on geographic expansion of Versus’s platform rather than corporate control or financing. Because the disclosure does not include contract size, revenue guarantees, or duration, the financial scale of this agreement cannot be assessed from the available information.
The press release also notes that the implementation in Iberian markets is expected to be followed by a broader rollout thereafter. Subsequent company communications may provide more detail on timing, deployment scope, and any quantified performance or revenue metrics tied to this agreement.