11:42:14 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Verses AI Inc
Symbol VERS
Shares Issued 65,578,663
Close 2023-06-23 C$ 2.00
Market Cap C$ 131,157,326
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Verses AI lists on Cboe U.K., Cboe Europe

2023-06-23 09:22 ET - News Release

Mr. Gabriel Rene reports

VERSES AI ANNOUNCES LISTING ON CBOE UK AND CBOE EUROPE

Verses AI Inc.'s stock has been made available for trading on Cboe's Netherlands and United Kingdom exchanges enabling secondary trading and local currency access to European and U.K. investors. The shares of Verses AI continue to trade on Cboe Canada, the new business name of the NEO Exchange Inc., Canada's Tier 1 stock exchange for the purpose-driven innovation economy, under the ticker symbol VERS, and remain available for trading on OTCQX under the ticker VRSSF. The new ticker symbols are as follows: Cboe U.K.: J9Ad, Cboe EU: J9Ad.

Cboe's equities markets are among the most liquid in the world. In North America, Cboe's U.S. and Canadian equities trading venues handle a combined $61.7-billion in average daily notional value (ADNV), capturing approximately 22 per cent of the total equities trading market share in the region. In Europe, Cboe operates the largest pan-European equities exchange, accounting for 8.4 billion euros in ADNV and 25-per-cent share of the European equities market. In Australia, Cboe operates the country's second-largest equities exchange with ADNV of more than $1.5-billion (Australian), representing approximately 19 per cent of all daily trading in the Australian equities markets.

"Cboe's U.K. and European exchanges will allow us to broaden our investors base and access new pools of capital and liquidity which will ultimately enhance value for our shareholders. Given our U.K. and European presence, this is a significant capital markets milestone for the company," commented Gabriel Rene, co-founder and chief executive officer of Verses AI. "We look forward to expanding our listing relationship with the Cboe as they continue to grow and tap into new markets including Cboe Japan and Cboe Australia."

Verses is active in the U.K. and Europe with 11 team members in Europe and five in the U.K. and a satellite office in the Netherlands. The company has active business activities in Europe including the Flying Forward 2020 (FF2020) project with the European Commission. FF2020 is a three-year research and innovation project funded by the European Union focusing on creating a state-of-the-art urban air mobility (UAM) ecosystem for autonomous drone missions. Verses previously received a 48,847-euro grant as part of this program.

About Verses AI Inc.

Verses is a cognitive computing company specializing in next-generation artificial intelligence. Modelled after natural systems and the design principles of the human brain and the human experience, Verses' flagship offering, GIA, is an intelligent agent for anyone powered by KOSM, a network operating system enabling distributed intelligence. Built on open standards, KOSM transforms disparate data into knowledge models that foster trustworthy collaboration between humans, machines and AI, across digital and physical domains. Imagine a smarter world that elevates human potential through innovations inspired by nature.

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