09:40 AM EST - VERSES AI Inc. : Announced the consolidation of its Class A Subordinated Voting Shares in connection with an application to uplist such shares on the Nasdaq Capital Market. As part of the planned uplisting, the Company is consolidating all issued and outstanding Class A Subordinate Voting Shares on the basis of one (1) post-consolidated Subordinated Voting Share for every nine (9) pre-consolidated Subordinated Voting Share held. “The consolidation is one of many initiatives that the Company is implementing in preparation for our intended uplisting to Nasdaq, which we believe is the next logical step in the Company’s growth journey,” stated Gabriel René, Founder and Chief Executive Officer of Verses. “We believe a listing on the Nasdaq, a major global exchange, aligns with the strategy and vision for the Company and will enhance our visibility, provide access to a larger pool of capital, attract a more diverse group of global shareholders and improve overall liquidity.” VERSES AI Inc.
shares O.VRSSF are trading unchanged at $0.76.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=VRSSF&qmodStoryID=7042126900143894
