Welcome to our dedicated page for Versus Systems news (Ticker: VSSYW), a resource for investors and traders seeking the latest updates and insights on Versus Systems stock.
Versus Systems Inc. is a financial technology platform that enables video game publishers and developers to host prize-based matches in their games. The platform allows players to compete in matches and tournaments to win digital goods, physical goods, and real money, fostering a safe and legal environment for skill-based gaming.
Moreover, Versus offers proprietary B2B software tools that drive user engagement through gamification and rewards. Its partners can provide in-game prizes like merchandise, coupons, digital goods, and sweepstakes entries to engage fans, increase consented first-party data, and boost sales. Most customers are sports teams, venues, and advertising agencies in Canada and the USA.
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Versus Systems Inc. (VS) shareholders approve all matters at Annual General Meeting, including the election of directors and appointment of Auditor.
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Versus Systems Inc. (Nasdaq: VS) has announced a 1-for-16 reverse split of its common shares to comply with Nasdaq’s listing requirements. The Consolidation is effective as of December 28, 2023, reducing the number of issued and outstanding common shares from approximately 40.1 million to approximately 2.5 million. Versus expects its common shares to commence trading on a split-adjusted basis as of December 29, 2023.
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Versus Systems Inc. (VS) announced a strategic investment from Cronus Equity Capital Group, LLC, resulting in the issuance of up to 24,727,361 common shares of Versus to CECG, representing approximately 51% of the Company’s issued and outstanding common shares. The First Tranche of 15,838,441 common shares was issued to CECG on November 22, 2023, with a further 8,888,920 common shares expected to be issued next week. CECG purchased the First Tranche at a price of $0.1618 per share, representing a premium to the five-day average Nasdaq Official Closing Price of $0.1578 per share, for a total USD $2,562,659.76. The Second Tranche will be completed at the same price per share, with no warrants in the transaction.
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Versus Systems Inc. announces pricing of public offering, raising $3.0 million.
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Versus Systems Inc. (VS) partners with eGrowcery to integrate AI and interactive products into the retail food industry. The cooperation agreement includes a software license for an AI-powered recipe tool to enhance shopper experience and drive supplemental sales. Versus' AI technology will be integrated into eGrowcery's eCommerce platform, providing shoppers with AI-generated recipes based on their carts.
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Versus Systems Inc. (NASDAQ: VS) has received a 180-day extension from Nasdaq to regain compliance with the minimum $1.00 bid price requirement. The extension allows Versus to continue trading on the Nasdaq Capital Market under the symbol 'VS' until January 22, 2024. If the bid price closes at or above $1.00 per share for 10 consecutive business days before that date, Nasdaq will confirm compliance with the requirement.
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Versus Systems Inc. (NASDAQ: VS) partners with Maestro Media to integrate Maestro's games, merchandise, and IP into Versus' digital marketing platform, enhancing brand and consumer experiences, and offering in-game rewards. The partnership will also promote Maestro Media's upcoming tabletop games featuring globally renowned characters and creators.
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Versus Systems has launched a self-service version of its digital promotional marketing platform, Winfinite, which now includes AI-powered trivia games. The platform allows advertising agencies, brands, and marketers to create their own interactive advertising campaigns that drive customer engagement and collect first-party data. Marketers can customize campaigns with branded colors, logos, content, and rewards, and customers can earn real-world rewards by playing games on their mobile devices.
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FAQ
What is the current stock price of Versus Systems (VSSYW)?
The current stock price of Versus Systems (VSSYW) is $0.0577 as of February 27, 2025.
What does Versus Systems Inc. do?
Versus Systems enables video game publishers and developers to offer prize-based matches in their games, allowing players to compete for digital goods, physical goods, and real money in a safe environment.
Who are the primary customers of Versus Systems?
The primary customers of Versus Systems are sports teams, venues, and advertising agencies that use their B2B software tools to engage fans, increase first-party data, and drive sales.
Where does Versus Systems operate?
Versus Systems operates in Canada and the USA, providing engagement and reward solutions to its customers.
How does Versus Systems contribute to user engagement?
Versus Systems drives user engagement through gamification and rewards, allowing partners to offer in-game prizes like merchandise, coupons, and digital goods.
What sets Versus Systems apart in the market?
Versus Systems stands out in the market by providing a platform that fosters safe and legal skill-based gaming, enabling players to compete for rewards in a competitive environment.
What type of rewards do players compete for on the Versus Systems platform?
Players on the Versus Systems platform can compete for digital goods, physical goods, and real money prizes in matches and tournaments hosted by video game publishers and developers.
How can sports teams benefit from Versus Systems' tools?
Sports teams can use Versus Systems' tools to engage fans, increase consented first-party data, and boost sales through in-game rewards and prizes.
What is the core focus of Versus Systems' business?
The core focus of Versus Systems' business is to enhance user engagement through gamification and rewards, offering in-game prizes to drive interaction and participation.
Where can I find more information about Versus Systems?
For more information about Versus Systems, you can visit their official website at www.versussystems.com or check out their YouTube channel for updates and announcements.
How can investors get in touch with Versus Systems?
Investors can contact Cody Slach and Jackie Keshner from Gateway Group, Inc. at 949-574-3860 or via email at IR@versussystems.com or press@versussystems.com for more information about the company.
Versus Systems