VERSES AI Announces Pricing Of Unit Offering
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VERSES AI Inc. has announced a unit offering, entering into securities purchase agreements with AI-focused institutional investors and existing investors for 12,738,854 units, raising approximately CDN$20 million. Each unit includes one Class A Subordinate Voting share and one-half of a share purchase warrant.
January 07, 2025 | 2:00 pm
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VERSES AI Inc. has secured CDN$20 million through a unit offering, involving AI-focused institutional investors. This move could enhance the company's financial position and support its growth initiatives.
The successful raising of CDN$20 million through a unit offering indicates strong investor interest and provides VERSES AI with additional capital. This can be used for growth and development, potentially leading to positive short-term stock price movement.
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