Late last week, The AI technology company VERSES (VERS.n) completed the second tranche of its non-brokered private placement for gross proceeds of $5,497,000.
Including the first tranche, VERS has grossed over $10M from this PP so far.
Plus, it announced that it has increased this PP to $12.5M, so I think we could see a third tranche happening soon.
Insiders picked up 50,000 units in the second tranche which tells me that this company has a lot of internal confidence, always a good sign.
VERS @ $0.98
MC $50.871M
https://financialpost.com/globe-newswire/verses-announces-closing-of-5497000-second-tranche-and-upsize-of-private-placement-to-c12500000