Versus Systems (NASDAQ:VS) entered definitive agreements with institutional investors for the purchase and sale of 2.5M shares at a purchase price of $0.90 per share in a registered direct offering priced at the market under Nasdaq rules.
Versus Systems is shooting up on news of a partnership with Resolve Debt. The company is known for innovating interactive audience engagement through gamification technology. Now it plans to take its mission a step further by entering the artificial intelligence (AI) race.