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]

Core Viewpoint - VERSES AI Inc. has successfully closed a public offering, raising approximately US$7.9 million (C$11.0 million) through the issuance of 2,750,000 units at a price of US$2.88 (C$4.00) per unit [1][2]. Group 1: Offering Details - Each unit consists of one Class A Subordinate Voting Share and one-half of a Share purchase warrant, with each whole warrant allowing the purchase of one share at an exercise price of US$3.60 (C$5.00) for 36 months from issuance [2]. - The offering was facilitated by an agency agreement with A.G.P. Canada Investments ULC, Clear Street LLC, and A.G.P./Alliance Global Partners [2][3]. Group 2: Use of Proceeds - The net proceeds from the offering will enhance the company's financial position and provide liquidity for ongoing operations, particularly for research and development expenses, working capital, and general corporate purposes [3]. Group 3: Compensation and Fees - The company agreed to pay agents a cash commission of up to 7% of the gross proceeds and issue compensation warrants equal to 3.5% of the units sold, with a reduced commission of 2.0% for certain subscribers [4]. Group 4: Regulatory Compliance - The offering was completed in Canada under a prospectus supplement and filed with securities commissions across Canada, except Quebec, and with the U.S. SEC [5].