After closing the first tranche of its PP 24 hours after announcing it, VERS has closed the second tranche for $5,497,000 and has upsized the PP to $12,500,000!
The total aggregate gross proceeds from the first and second tranches are $10,737,000. Another 50,000 units were purchased by insiders for a total of 130,000 from both tranches.
VERS is continuing to impress by attracting a significant level of participation, further validating its potential and providing a strong cash position as they focus on closing the 5 active pilot programs and converting them into 7-8 figure contracts.
https://financialpost.com/globe-newswire/verses-announces-closing-of-5497000-second-tranche-and-upsize-of-private-placement-to-c12500000