VERSES AI Inc. Announces Proposed Public Offering of Securities

Core Viewpoint - VERSES AI Inc. plans to conduct an agency public offering of securities on a reasonable best-efforts basis, with final terms to be determined at pricing [1][2]. Offering Details - The offering will be priced in the context of the market, and there is no assurance regarding its completion or the actual size and terms [2]. - The closing of the offering is subject to market conditions and necessary approvals, including from Cboe Canada Inc. [2][10]. Agents Involved - A.G.P. Canada Investments ULC is acting as the lead agent for the offering, while A.G.P./Alliance Global Partners is the U.S. agent [3]. Regulatory Filings - The company intends to file a preliminary prospectus supplement and a final prospectus supplement related to the offering, which will be accessible on SEDAR+ and EDGAR [4][5]. - The base shelf prospectus was receipted on September 26, 2024, and the registration statement was declared effective by the SEC on October 1, 2024 [4][5]. Company Overview - VERSES is a cognitive computing company focused on developing next-generation intelligent software systems inspired by nature [8].