Verses AI Inc N.VERS

Alternate Symbol(s): VRSSF | N.VERS.WT.A | N.VERS.WT.B

Technology Software - Infrastructure

VERSES AI Inc. is a Canada-based cognitive computing company specializing in Artificial Intelligence (AI). The Company's offering, GIA, is an Intelligent Assistant powered by KOSM, a network operating system enabling distributed intelligence. KOSM transforms disparate data into knowledge models that foster trustworthy collaboration between humans, machines, and AI, across digital and physical domains. KOSM integrates AI with Internet of Things (IoT), robotics, and augmented reality (AR) in the physical world, blockchain and edge computer, and AR/VR. It produces results in the physical world. KOSM works with legacy systems of all types, without the need for custom programming or an API. One of the Company's technologies is WAYFINDER, which is an AI-assisted order picking that converts text-based instructions to spatial holographic instructions.

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Verses AI Inc > VERS.n announces $10M Private Placement

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Post by StockHawk1on Aug 10, 2022 3:54pm

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Post# 34886138

VERS.n announces $10M Private Placement

Today VERSES Technologies (VERS.n) announced a $10,000,000 non-brokered private

In this PP VERS will be selling 10,000,000 Units at a price of $1.00/unit. The units contain one share as well as one warrant to buy a share at $1.20

Personally, I think this raising will be good for VERS as the $10M cash injection will give the ability to focus on growth.

VERS is already ahead with its spacial web technology, however, rapid growth in these stages is important to stay ahead of potential future competitors IMO.

Full news: https://ca.finance.yahoo.com/news/verses-announces-10-000-000-120000134.html

VERS @ $0.98

MC $51.869M

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