$VS·8-K

Versus Systems Inc. · Jun 29, 6:25 AM ET

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Versus Systems Inc. 8-K

Research Summary

AI-generated summary

Updated

Versus Systems Inc. Issues 1.31M Shares to ASPIS for $1.7M

What Happened

  • On June 26, 2026, Versus Systems, Inc. announced it completed the transactions under its Stock Purchase Agreement with ASPIS Cyber Technologies, Inc. Versus issued 1,310,969 shares of common stock to ASPIS at $1.29675 per share, for aggregate consideration of $1,700,000.

Key Details

  • Transaction date: June 26, 2026; SPA dated April 15, 2026.
  • Shares issued: 1,310,969 common shares.
  • Price per share: $1.29675; total consideration: $1,700,000.
  • Issuance exemption: Not registered under the Securities Act; claimed exemption under Section 4(a)(2) and Rule 506(b) of Regulation D.

Why It Matters

  • This filing reports an equity financing transaction that increases Versus Systems’ outstanding common stock and reflects a $1.7M capital exchange with ASPIS. Investors should note the dilution effect from the new shares and that the sale was completed under a private placement exemption rather than a registered offering. The SPA had been previously disclosed (filed as an exhibit on April 15, 2026).

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