Welcome to our dedicated page for Versus Systems news (Ticker: VS), a resource for investors and traders seeking the latest updates and insights on Versus Systems stock.
Versus Systems Inc. (Symbol: VS) is a pioneering financial technology company that enhances user engagement through gamification and rewards. Operating primarily in Canada and the USA, Versus Systems collaborates with video game publishers and developers to offer prize-based matches for PC games, enabling players to compete and win digital goods, physical goods, and real money. The company's innovative platform is backed by Originate Labs and the law firm Manatt Phelps & Phillips.
Versus Systems offers a suite of proprietary business-to-business software tools designed to drive user engagement by integrating in-game prizes and rewards such as merchandise, coupons, digital goods, and sweepstakes entries within their websites, venues, or streaming media content. The company's clients include sports teams, venues, and advertising agencies, which utilize these tools to boost fan engagement, gather first-party data, and increase sales during live events and advertising campaigns.
Versus Systems is dedicated to making live events, games, shows, and apps more interactive and engaging by adding games, polling, trivia, and predictive elements, making entertainment more personalized and rewarding. The company collaborates with Fortune 100 brands as well as major sports leagues like NFL, NBA, MLB, NHL, and NCAA, and other content creators to deliver engaging and rewarding experiences for fans worldwide.
Recent developments include a significant investment agreement with CECG, where up to 24,727,361 common shares of Versus were issued, representing approximately 51% of the company's outstanding shares. This investment is expected to strengthen Versus' financial position and support its growth initiatives.
In another development, Versus has announced a consolidation of its common shares, with every 16 shares being converted into one. This move aims to streamline its share structure and enhance shareholder value. The consolidated shares commenced trading on December 29, 2023.
Versus Systems is committed to creating safe and legal environments for gamers to win money and prizes through skill-based games. The company's engagement platform is instrumental in transforming traditional entertainment into interactive experiences. For more information, visit the official Versus Systems website or their YouTube channel.
Versus Systems continues its partnership with the University of Georgia Bulldogs for the fifth consecutive season, enhancing fan engagement at Sanford Stadium. This season, Versus aims to excite over 90,000 fans during home games through custom video board tools used in various sports events. Matthew Pierce, Founder and CEO, expressed enthusiasm for working with the Bulldogs, highlighting their strong performance in college football. Versus Systems provides innovative prizing and promotions technology, allowing audiences to win real-world prizes while interacting with content.
Versus Systems announced a new fan engagement initiative for the 2021 Military Bowl, enhancing the experience for attendees and at-home viewers. Fans can participate in trivia, arcade games, and other activities to earn points and compete for prizes. This event, benefiting the USO and Patriot Point, takes place on December 27, 2021, at the Navy-Marine Corps Memorial Stadium. The collaboration aims to deepen fan interaction through a mobile web-based platform, with opportunities to win prizes from various sponsors.
Versus Systems Inc. (Nasdaq: VS) announced its participation in two upcoming virtual financial conferences in September 2021. The 10th Annual Gateway Conference will feature a presentation on September 9 at 1:30 PM ET. Additionally, the company will be involved in H.C. Wainwright's 23rd Annual Global Investment Conference on September 14, with one-on-one meetings available. Versus Systems specializes in a proprietary prizing and promotions engine that integrates with various media platforms, enabling audiences to win real-world prizes.
Versus Systems showcased its fan engagement technology during the 2021 MLS All-Star Skills Challenge on August 24, 2021, at Banc of California Stadium. The event, which aired across major sports networks, featured top players from MLS and LIGA MX competing in various field challenges. Fans engaged with the event through the XEO platform via QR codes and participated in polls. This highlights Versus's commitment to enhancing fan experiences in live sports events.
Versus Systems announced its partnership with nine NFL teams for the 2021 preseason, enhancing in-stadium fan engagement through the Versus XEO Platform. Teams involved include the 49ers, Giants, and Rams. Fans can participate in interactive games via mobile apps while enjoying games live. CEO Matthew Pierce emphasized the importance of engaging fans during significant sporting events, indicating a push to make NFL games more entertaining. Versus Systems specializes in integrating real-world prizes into various content formats, enhancing user experience in streaming and gaming.
Versus Systems (Nasdaq: VS) will host an investor webinar today, August 16, 2021, at 5:00 p.m. ET to discuss recent business developments, including the acquisition of Xcite Interactive on June 3, 2021. The company has seen significant operational growth, enhancing fan engagement across various sports and events. Notable partnerships include collaborations with Keurig Dr. Pepper and HP. The CEO highlighted their position in the $2 trillion entertainment industry and ongoing integration efforts of the newly acquired technology.
Versus Systems Inc. (Nasdaq: VS) is scheduled to host an investor webinar on August 16, 2021, at 2:00 p.m. PT (5:00 p.m. ET) to discuss recent business developments.
The executive team will cover second quarter 2021 updates, the integration of Xcite Interactive, and future growth strategies. Investors can access the webinar via the company’s investor relations website. Questions for the Q&A session can be submitted in advance to ir@versussystems.com.
Versus Systems Inc. (Nasdaq: VS) announced that CEO Matthew Pierce will speak on fan engagement at the Bowl Season Annual Meeting & Trade Show from August 2-4, 2021, in Scottsdale, AZ. The panel will focus on post-pandemic fan experiences and technology in areas like credentialing and ticketing. Pierce emphasized Versus' commitment to enhancing college football fan interaction through innovative solutions, showcasing partnerships with the Military Bowl and Peach Bowl. The event highlights the cultural significance of college bowl games.
Versus Systems Inc. (Nasdaq: VS) announced the appointment of Amanda Armour as Chief People Officer, effective July 30, 2021. Armour, who has been with the company since 2016, aims to enhance the company's growth, culture, and organizational development, particularly following the recent acquisition of Xcite Interactive. CEO Matthew Pierce endorsed Armour's leadership, citing her contributions to team cohesion as vital during this expansion phase.
Versus Systems Inc. (Nasdaq: VS) is expanding its partnership with HP to launch OMEN Rewards in India, the UK, and Mexico. Following the successful US implementation, this initiative integrates Versus's patented prizing engine into HP’s OMEN Gaming Hub, allowing gamers to win real-world prizes. OMEN Rewards is already pre-installed in HP's OMEN and Pavilion Gaming products sold in the US. The expansion taps into massive entertainment markets with millions of potential users eager for interactive gameplay experiences.
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