Verses AI raises $20M through a Canadian stock offering to boost finances and fund operations.

Verses AI Inc. has closed a $20 million prospectus offering, issuing over 12 million units at C$1.57 each, with proceeds aimed at bolstering financial stability and funding operations and research. Each unit includes one Class A share and half a warrant. The offering was led by A.G.P. Canada, with other firms serving as advisors. Shares have not been registered under U.S. securities laws and cannot be sold there without registration or an exemption.

2 months ago
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