Versus Systems (VS) Soars with Key Agreements

3 days ago

Versus Systems (VS, Financial) experienced a remarkable surge, skyrocketing over 600% after market opening. At the last report, the stock was up 430%, trading at $6.09. The surge followed the announcement of two crucial agreements with Aspis Cyber Technologies, Inc. (ASPIS) on October 16.

The first agreement is a commercial financing deal, where ASPIS will invest $2.5 million into Versus Systems. The second is a technology license and software development agreement, allowing ASPIS to license Versus Systems' gamification, interactive, and QR code technologies for integration into their cybersecurity products.

These agreements aim to help Versus Systems maintain the minimum $2.5 million shareholder equity required to remain listed on the Nasdaq Capital Market, ensuring compliance until at least September 30, 2025.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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