Core Viewpoint - VERSES AI Inc. has successfully completed a second tranche of its non-brokered private placement, raising a total of C$1,100,930 (approximately US$797,717) to strengthen its financial position and support ongoing operations [1][3]. Group 1: Offering Details - The second tranche involved the issuance of 473,500 units at a price of C$0.75 (US$0.54) per unit, generating gross proceeds of C$355,125 (approximately US$257,318) [1]. - The total offering consists of 1,644,307 units, which includes the previously completed tranche announced on March 16, 2026 [1]. - Each unit comprises one Class A Subordinate Voting Share and one-half of a Share purchase warrant, with each warrant allowing the purchase of one share at an exercise price of C$1.00 (approximately US$0.72) [2]. Group 2: Use of Proceeds - The net proceeds from the offering are intended to enhance the company's financial stability and provide liquidity for ongoing operations, particularly for research and development expenses, working capital, and general corporate purposes [3]. Group 3: Finder's Fees and Warrants - In connection with the second tranche, the company paid cash finders' fees of C$10,410 (approximately US$7,543) and issued 29,880 finder warrants to assist with the offering [4]. - Each finder warrant allows the holder to acquire one finder unit at a price of C$0.75 (approximately US$0.54) for a period of 24 months, with each finder unit consisting of one share and one-half of a share purchase warrant [4]. Group 4: Securities Regulations - All securities issued under the offering are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with Canadian securities legislation [5]. - The units and underlying shares and warrants have not been registered under the U.S. Securities Act and cannot be offered or sold in the United States without proper registration or exemption [6].

Core Insights - VERSES AI Inc. has filed its Quarterly Report on Form 10-Q for the three and nine months ended December 31, 2025, with the SEC [1] - The company will review its results during an earnings call scheduled for February 24, 2026, at 1:00 PM Eastern time [2][3] Company Overview - VERSES is a cognitive computing company focused on developing next-generation agentic software systems inspired by Nature [3] - The flagship product, Genius™, is designed to provide reliable domain-specific predictions and decisions under uncertainty [3] Conference Call Details - The earnings call will be accessible live over the Internet via the company's website, with listeners advised to prepare 15 minutes in advance [3]

Core Viewpoint - VERSES AI Inc. is set to hold a corporate update webinar for investors on February 18, 2026, featuring key executives who will provide an overview of the company and its developments [1]. Company Overview - VERSES AI Inc. specializes in cognitive computing and is focused on developing next-generation agentic software systems inspired by natural principles [2]. - The flagship product, Genius™, is an agentic enterprise intelligence platform that aims to deliver reliable domain-specific predictions and decisions in uncertain environments [2]. Webinar Details - The webinar will take place on February 18th at 10am PST / 1pm EST, with participation from Interim CEO David T. Scott, President & COO James Hendrickson, and CFO James Christodoulou [1]. - Interested parties can register for the webinar through the provided link [2].

Core Insights - VERSES AI Inc. has appointed David T. Scott as Interim CEO following the resignation of founders Gabriel René and Dan Mapes for personal reasons [1] - The company is actively searching for a permanent CEO while focusing on converting R&D into commercial products and pursuing revenue opportunities in the financial services sector [3][4] Company Leadership - David T. Scott brings over 30 years of experience in public-company leadership and operational discipline, having worked with major firms like Amazon Web Services and Twitter [2] - The Board Chair, Michael Blum, highlighted Scott's ability to manage multi-billion-dollar budgets and his track record in transforming organizations [2] Strategic Focus - The company aims to execute a disciplined go-to-market strategy and drive near-term revenue, particularly in the financial services sector [3][4] - Ongoing initiatives include cost-reduction and operational efficiency to enhance commercialization of financial services products [4] Company Overview - VERSES is a cognitive computing company that develops next-generation agentic software systems, with its flagship product, Genius™, designed to provide reliable predictions and decisions [5]

Core Insights - The global Cognitive Computing Market is projected to grow from USD 18.25 billion in 2024 to USD 101.50 billion by 2032, with a CAGR of 24.0% from 2025 to 2032 [1][15]. Market Overview - Cognitive computing systems are designed to solve complex problems by understanding and reasoning about large amounts of data, similar to human cognitive processes [5]. - The market is driven by the need for organizations to extract insights from unstructured data, enhancing decision-making and automating complex processes [6]. AI Integration - AI is reshaping the cognitive computing landscape by enabling systems to learn, reason, and interact in human-like ways, significantly enhancing the capabilities of cognitive applications [2][4]. - The integration of AI allows for predictive analytics, natural language understanding, and personalized user experiences, expanding the market for cognitive solutions [4]. Key Trends - The cognitive computing market is experiencing transformation due to trends such as explainable AI (XAI), Edge AI, and hybrid cloud deployments, which enhance system capabilities and application areas [8][11]. - The focus on ethical AI frameworks and advancements in natural language understanding (NLU) are also driving changes in the market [11]. Growth Drivers - Digital transformation initiatives across industries are creating demand for cognitive solutions that can manage complex business challenges and large data volumes [14][18]. - The decline in computing power and data storage costs is making cognitive technologies more accessible to a wider range of enterprises [14]. Future Outlook - The cognitive computing market is expected to mature significantly from 2025 to 2032, with a shift towards mainstream integration and increased automation capabilities [19]. - Key segments anticipated to grow rapidly include professional services, deep learning, and natural language processing, particularly in healthcare and retail sectors [22][28]. Regional Insights - North America is leading the market with a projected CAGR of approximately 23.5% from 2025 to 2032, driven by significant R&D investments [29]. - Europe is also witnessing substantial growth, with a projected CAGR of approximately 22.8%, supported by strong government initiatives [29]. - The Asia Pacific region is emerging as the fastest-growing area, with a projected CAGR of approximately 25.5%, fueled by rapid industrialization and digitalization [29]. Technological Advancements - Current trends include the development of smaller, efficient models for edge devices and advancements in federated learning for privacy-preserving AI [21][27]. - Innovations in deep learning architectures and multimodal AI are enhancing cognitive applications across various industries [13][17].

Core Insights - VERSES AI Inc. has arranged a private placement to strengthen its balance sheet and focus on high-growth priorities [1][2] - The company will receive CAD$14,000,000 in exchange for 2,333,334 Units at a price of CAD$6.00 per Unit, with each Unit consisting of one common share and one half of a common share purchase warrant [2] - A workforce reduction program has been initiated to enhance liquidity, streamline operations, and reduce costs [4][5] Financial Details - The private placement involves a notional amount of CAD$14,000,000, with each warrant exercisable at CAD$7.00 [2] - The financing and workforce reduction are expected to significantly reduce the company's cost structure and extend its cash runway [5] Operational Initiatives - The workforce reduction program includes targeted layoffs, furloughs, and executive salary deferrals aimed at aligning expenses with revenue growth objectives [4] - These actions are intended to position the company for accelerated profitability and long-term value creation [5] Company Overview - VERSES is a cognitive computing company focused on developing next-generation agentic software systems, with its flagship product being Genius™, an enterprise intelligence platform [7]

Core Insights - VERSES AI Inc. is expanding its relationship with a major global investment firm to enhance investment portfolio optimization using its Genius™ platform [1][2] - The project involves developing an active inference causal model of financial markets to improve asset allocation decisions, focusing on metrics like drawdown and volatility [2] - The expanded contract includes fixed milestone-based payments initially, with potential for outcome-based pricing in the future [2] Company Overview - VERSES AI Inc. specializes in cognitive computing and next-generation agentic software systems, with its flagship product Genius™ designed for reliable domain-specific predictions and decisions under uncertainty [4] - The company aims to create intelligent systems inspired by natural principles found in science, physics, and biology [4]

Core Insights - VERSES AI Inc. has filed its Quarterly Report on Form 10-Q for the three months ended June 30, 2025, with the SEC, indicating ongoing compliance and transparency in financial reporting [1] - The company reported its first revenue generated by its flagship product, Genius, just two months after its launch, showcasing early commercial success [2] - The CFO emphasized disciplined cost management and strong customer interest, suggesting a positive outlook as the company scales its operations [2] Financial Performance - The Quarterly Report reflects the company's financial results for the period ending June 30, 2025, highlighting the initial revenue from Genius [2] - The report is accessible on the SEC's website and the company's investor relations site, ensuring stakeholders can review the financial details [3] Company Overview - VERSES AI Inc. is focused on developing next-generation agentic software systems inspired by natural principles, with its flagship product, Genius, designed for reliable predictions and decisions under uncertainty [3] - The company aims to elevate human potential through technology modeled after the wisdom of nature, indicating a strong commitment to innovation in cognitive computing [3]

Group 1 - The company VERSES AI Inc. has reverted its stock ticker symbol back to VRSSF on OTCQB after a temporary change [1][3] - A corporate update webinar is scheduled for July 29th at 9:30 AM Pacific Time, hosted by Co-Founder and CEO Gabriel René and President James Hendrickson [2] - The webinar will cover the latest developments on the Genius™ platform, the company's business strategy, and future roadmap [2] Group 2 - VERSES AI Inc. specializes in cognitive computing and is focused on developing next-generation intelligent software systems inspired by Nature [4] - The flagship product, Genius™, is designed to provide reliable domain-specific predictions and decisions under uncertainty [4] - The company aims to enhance human potential through technology modeled after scientific principles found in nature [4]

Core Insights - VERSES AI Inc. has signed Algo8 as a Genius enterprise customer, with plans for Algo8 to become a certified Genius reseller [1][4] - Algo8 is focused on providing advanced predictive capabilities through its PlantBrain™ platform, targeting asset-heavy Fortune 500 and Global 2000 customers [2][6] - The collaboration aims to enhance industrial AI by enabling systems that can think, reason, and adapt in real time [4][7] Company Overview - VERSES AI Inc. specializes in cognitive computing and next-generation agentic software systems, with its flagship product, Genius, designed for reliable domain-specific predictions [5] - Algo8 is redefining industrial performance with its cognitive platform PlantBrain, which integrates advanced machine learning and AI-powered digital twins [6][7] Use Cases and Applications - Expected use cases for the integration of Genius into PlantBrain include predictive maintenance, demand forecasting, production planning, energy optimization, and building digital twins for manufacturing processes [3][4]