Welcome to our dedicated page for VERSES AI news (Ticker: VRSSD), a resource for investors and traders seeking the latest updates and insights on VERSES AI stock.
VERSES AI Inc., associated here with the symbol VRSSD, is described in its public disclosures as a cognitive computing company specializing in next-generation agentic software systems. Its news flow centers on the development and commercialization of its flagship product, Genius™, an agentic enterprise intelligence platform designed to generate reliable domain-specific predictions and decisions under uncertainty.
News updates for VERSES cover several recurring themes. On the technology side, the company issues releases about research breakthroughs in areas such as Active Inference, world models, Spatial AI, and robotics. Examples include announcements of a U.S. patent for specifying Active Inference agents using natural language and details of a robotics architecture that performs household tasks without pre-training, as well as participation in conferences like the International Workshop on Active Inference.
Commercial and corporate developments also feature prominently. VERSES has reported Genius adoption across diverse use cases, from media mix strategy and resource scheduling to predictive maintenance and expert drilling assistance, and has announced an expanded relationship with a major global investment firm to build an active inference causal model of financial markets. Additional news items describe financing transactions, including private placements of secured convertible debenture units and units composed of shares and warrants, along with commentary on the intended use of proceeds.
Investors and observers following VRSSD-related news can expect updates on technology research, product capabilities, commercial engagements, capital raising activities, board changes, and regulatory reporting such as the filing of a Form 10-Q. This page aggregates those announcements so readers can review how VERSES portrays its progress in cognitive computing and agentic enterprise intelligence over time.
VERSES AI (CBOE:VERS / OTCQB:VRSSF) announced a licensing agreement with Prodigii AI on April 27, 2026 to license the Genius product and AXIOM model for enterprise deployment. The deal includes a $350,000 initial license fee and quarterly minimum revenue-sharing payments of $125,000 over an initial 10-year term, with an optional 10-year renewal, and is positioned to accelerate enterprise commercialization across finance, insurance, cybersecurity, manufacturing, energy, and healthcare.
VERSES (OTCQB: VRSSD) said it is expanding and extending a consulting relationship with a major global investment firm to further embed its Genius™ agentic software in the client’s investment and risk workflows.
VERSES first worked with the firm in early 2025, upgraded to an enterprise Genius license in June 2025, and extended the engagement in September 2025; the current phase will assess model effectiveness for asset allocation and risk teams.
VERSES AI (VRSSD) closed a second tranche of a non-brokered private placement, issuing 473,500 Units at C$0.75 each for gross proceeds of C$355,125 (US$257,318).
Together with the prior tranche, the Company raised aggregate gross proceeds of C$1,100,930 (US$797,717) and extinguished C$132,300 (US$95,863) of liabilities through issuance of 1,644,307 Units. Each Unit includes one Share and one-half Warrant; Warrants exercise at C$1.00 per Share for 24 months. Finder fees of C$10,410 and 29,880 finder warrants were issued. Proceeds are intended to strengthen liquidity, fund R&D, working capital, and general corporate purposes. All securities carry a statutory four-month hold.
VERSES (CBOE:VERS / OTCQB:VRSSF) closed a non-brokered private placement on March 16, 2026, issuing 1,170,807 Units at C$0.75 each.
The Company raised gross proceeds of C$745,805 (approximately US$547,644) from 994,407 Units and extinguished C$132,300 (approx. US$97,148) of liabilities via 176,400 Units. Each Unit includes one Share and one-half Warrant exercisable at C$1.00 for 24 months. The Company paid C$16,160 in cash finders’ fees and issued 75,546 finder warrants. All securities are subject to a four-month hold. Insider Michael Blum subscribed for 53,333 Units (C$40,000). Net proceeds are for liquidity, R&D and working capital.
VERSES AI (ticker: VRSSD) filed its Quarterly Report on Form 10-Q for the three and nine months ended December 31, 2025 and scheduled an earnings review call for February 24, 2026 at 1:00 PM ET.
Listeners can access the live webcast at verses.ai. The filing and webcast are intended to review results; contact details for investor and press inquiries were provided.
VERSES AI (VRSSD) will host a corporate overview and investor update webinar on February 18, 2026 at 10:00 AM PST / 1:00 PM EST. Interim CEO David T. Scott, President & COO James Hendrickson and CFO James Christodoulou will present company developments and answer investor questions.
Investors may register via the company webcast link provided.
VERSES AI (VRSSD) announced leadership changes on February 10, 2026: founders Gabriel René and Dan Mapes resigned from executive roles and the board, Chief Accounting Officer Kevin Wilson departed, and David T. Scott was appointed Interim CEO.
The Board said it has begun a search for a permanent CEO. Management emphasized converting R&D into commercial products, executing a disciplined go-to-market strategy, pursuing near-term revenue in the financial services sector, and continuing cost-reduction and operational-efficiency efforts. A webinar is scheduled for February 17, 2026.
VERSES (CBOE: VERS / OTCQB: VRSSF; symbol VRSSD) announced a strategic refocus on core target markets and highest-priority initiatives on January 16, 2026. The company implemented a workforce restructuring that will reduce headcount by approximately 50%, including termination of certain previously furloughed employees and some executives whose roles were outside core activities. Certain executives are temporarily deferring salaries. Management says these actions are expected to drastically reduce operating costs and improve liquidity while enabling faster, more efficient pursuit of core market opportunities.
The company thanked impacted employees and framed the moves as intended to position VERSES to deliver better returns for shareholders.
VERSES (symbol VRSSD) closed a non‑brokered private placement of secured convertible debenture units for gross proceeds of CAD$2.65M (C$2.4M cash).
Each Unit equals CAD$1,000 of secured convertible debentures plus 164 detachable warrants. Debentures convert into Class A shares at CAD$3.04 per share, mature on Dec 18, 2027, and bear 15% annual interest payable in cash or, at holder option, in shares at the conversion price (subject to Exchange approval). Warrants exercisable at CAD$7.00 until Dec 18, 2028. Debentures are secured by a first‑ranking security interest. Net proceeds will be used for general working capital and securities are subject to a four‑month hold and Exchange final approval.
VERSES (VRSSD) closed a non-brokered private placement with Sorbie Bornholm LP with a notional value of CAD$14,000,000 in exchange for 2,660,000 Units. Each Unit is one Class A subordinated voting share and one half warrant; each whole warrant is exercisable at CAD$7.00 for 36 months.
VERSES received CAD$700,000 as the first tranche and expects eleven additional monthly tranches calculated under a Sharing Agreement formula that multiplies CAD$1,209,091 by the percent difference between a CAD$7.75 benchmark and the trailing 20‑day VWAP; if VWAP exceeds the benchmark the per‑tranche amount is increased and there is no stated cap. The company will use proceeds for working capital and general corporate purposes. Each tranche carries an 8% brokerage fee. Securities are subject to a statutory hold period of four months plus one day and were not registered in the United States.