VERSES AI Inc. Announces Pricing of Public Offering of Units

Core Viewpoint - VERSES AI Inc. has announced a public offering of 1,007,764 units at a price of US$6.946 per unit, aiming for gross proceeds of US$7,000,331 to enhance its financial position and support ongoing operations [1][5]. Offering Details - The offering consists of units priced at US$6.946 (C$9.50) each, with gross proceeds expected to be US$7,000,331 (C$9,573,758) [1]. - Each unit includes one Class A subordinate voting share and one-half of a share purchase warrant, with the whole warrant exercisable at US$8.409 (C$11.50) for 36 months [1]. - A.G.P. Canada Investments ULC is the lead agent for the offering, with A.G.P./Alliance Global Partners acting as the U.S. agent [2]. Regulatory Filings - The company has filed a preliminary prospectus supplement and plans to file a final prospectus supplement related to the offering, which will be accessible on SEDAR+ and EDGAR [3][6]. - The offering is subject to customary market conditions and necessary approvals, including from Cboe Canada Inc. [4]. Use of Proceeds - The net proceeds from the offering will be used to strengthen the company's financial position, support research and development, and cover working capital and general corporate purposes [5].