Welcome to our dedicated page for VERSES AI news (Ticker: VRSSF), a resource for investors and traders seeking the latest updates and insights on VERSES AI stock.
VERSES AI Inc. (VRSSF) is a cognitive computing company that regularly issues news and updates about its agentic software systems, enterprise intelligence platform Genius™, and related research and financing activities. Its news flow reflects developments in areas such as product commercialization, research milestones, spatial AI, and capital raising.
Investors and observers following VERSES news can expect announcements about financing arrangements, including private placements and secured convertible debenture offerings, where the company outlines terms such as interest rates, conversion prices, warrant structures, and intended use of proceeds for working capital and general corporate purposes. VERSES also reports on corporate initiatives such as workforce reduction programs designed to strengthen liquidity, streamline operations, and align expenses with revenue objectives.
On the technology side, VERSES issues news about Genius adoption across multiple industries, describing use cases in advertising and media, aviation, consulting, customer relationship management, manufacturing, financial services, legal services, environment and sustainability, and oil and gas. The company highlights collaborations with enterprises and resellers, as well as projects such as developing an active inference causal model of financial markets for a major global investment firm.
VERSES’ news releases also cover research and recognition in fields like spatial AI, world models, and robotics. Examples include being named as a sample vendor in a Gartner Emerging Tech Impact Radar report, sponsoring the International Workshop on Active Inference, and unveiling a robotics architecture that performs household-style tasks without pre-training. For those tracking VRSSF, this news page offers a centralized view of the company’s disclosed business developments, research activities, and financing events over time.
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.
VERSES (OTCQB: VRSSF) was recognized as a sample vendor in the 2025 Gartner Emerging Tech Impact Radar: Spatial AI for the Spatial Computing and World Models use cases. Gartner's report (14 Oct 2025) highlights Spatial AI’s role in fusing 3D context with physics and predicts broad adoption by 2035. The report notes IEEE approved initial Spatial Web protocol, architecture, and governance standards in May 2025. VERSES said it participated in the IEEE Spatial Web Working Group and intends to support HSML and HSTP standards in its Genius product.
VERSES AI (OTCQB:VRSSF) has appointed David T. Scott, former Head of Global Marketing Strategy, Analytics, and Operations at Amazon Web Services (AWS), to its Board of Directors. Scott replaces G. Scott Paterson, who stepped down effective September 30, 2025.
David Scott brings over 25 years of executive leadership experience, having managed AWS's 3,500-person marketing team and held senior positions at Twitter, AT&T, PeopleSoft, Honeywell, and General Electric. He is a published author with two HarperCollins bestsellers on marketing strategy and currently serves on the board of marketing platform Marigold.
The appointment comes as VERSES enters a new phase of commercialization for its Genius™ product, with the company focusing on scaling its global marketing and sales operations.