Versus Systems Inc. (VS) Announces 4.15M Share Direct Offering as $0.52/sh

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Versus Systems Announces $2.16 Million Registered Direct Offering

July 14, 2022 12:01 AM EDT

LOS ANGELES, July 14, 2022 (GLOBE NEWSWIRE) -- Versus Systems Inc. (Versus or the Company) (NASDAQ: VS) today announced that it has entered into a definitive agreement with an institutional investor for the purchase and sale of 4,145,000 of the Company's common shares (or common share equivalents) at a purchase price of $0.52 per common share (or common share equivalent) in a registered direct offering. The closing of the offering is expected to occur on or about July 18, 2022, subject to the satisfaction of customary closing conditions.  

In addition, in a concurrent private placement, the Company will... More