Verses AI Inc Announces Pricing of Public Offering of Units

VANCOUVER, British Columbia, April 24, 2025 (GLOBE NEWSWIRE) -- Verses AI Inc. (CBOE: VERS) (OTCQB: VRSSD) (“Verses” or the “Company”) is pleased to announce the pricing of its previously announced public offering (the “Offering”), of 2,750,000 units of the Company (the “Units”) at a price to the public of US$2.88 (C$4.00) per Unit (the “Offering Price”) for gross proceeds of US$7,920,000 (C$11,000,000), before deducting discounts, commissions and expenses incurred in connection with the Offering. Each Unit consists of one Class A subordinate voting share of the Company (a “Share”) and one half of one Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will be exercisable into one Share, at a price of US$3.60 (C$5.00) per Share for a period of 36 months from the date of issuance.