Announcement • May 06
Versus Systems Inc Announces Notice of Nasdaq Deficiency Letter On April 29, 2026, the Nasdaq Stock Market, LLC (Nasdaq) issued a deficiency letter to Versus Systems Inc. (the Company). The basis of the letter is that as of December 31, 2025, Versus Systems Inc. (the Company) did not maintain a minimum of USD 2,500,000 in stockholders' equity as required for continued listing by Nasdaq Listing Rule 5550(b)(1). As disclosed in the Company's Form 10-K for the period ended December 31, 2025, the Company had stockholders' equity of USD 1,918,303. As of April 29, 2026, the Company does not meet the alternatives of market value of listed securities or net income from continuing operations. The deficiency letter has no immediate effect on the listing of the Company's securities on Nasdaq. Nasdaq has provided the Company with 45 calendar days, or until June 13, 2026, to submit a plan to regain compliance with stockholders' equity requirement. If the Company's plan to regain compliance is accepted, Nasdaq may grant an extension until October 26, 2026, for the Company to regain compliance. As part of the Company's plan to regain compliance, on April 15, 2026, the Company and ASPIS Cyber Technologies Inc. (ASPIS) entered into a Stock Purchase Agreement (the SPA). The terms of the SPA were disclosed in the Company's Form 8-K filed with the SEC on April 16, 2026. Pursuant to the SPA, the Company will sell to ASPIS, and Aspis will purchase for cash, a number of shares of Company common stock, at a price, equal to USD 1,700,000. The parties have agreed that the purchase price per share is set at USD 1.1235 (105% of the closing price on April 14, 2026) and the number of shares sold shall be 1,513,128. The parties expect to close the sale of stock on or before May 14, 2026. Announcement • May 03
Versus Systems Inc. Announces Upgrades to Filter Fan Cam Platform Versus Systems Inc. renewed its technology partnership with the Texas Rangers, allowing the club to continue using the company’s Filter Fan Cam platform during home games through the 2026 Major League Baseball season. The agreement extends a collaboration that has been in place for five years and includes the deployment of an upgraded version of the platform at the Rangers’ home venue, Globe Life Field. The system enables fans attending games to see themselves on the stadium’s main video board with branded digital filters, animated overlays, and other real-time visual effects. The newest iteration of the Filter Fan Cam introduces several performance upgrades aimed at improving reliability and responsiveness in large venues. The platform now integrates a high-performance tracking engine written in C++ that detects and tracks faces in real time. That information feeds into the Unity game engine, allowing digital filters and effects to stay aligned with fans as they appear on the video board. Additional improvements include a new camera driver capable of operating at 60 frames per second, which reduces latency and produces smoother visual interactions during live broadcasts inside the stadium. The system also incorporates improved facial tracking across larger crowds, stronger filter stability and a new dynamic face-paint feature that allows teams to display themed or team-colored graphics over fans’ faces. The upgrades are intended to help teams create more reliable interactive segments during games while allowing prospective sponsors to integrate branded elements into the experience. Versus has positioned Filter Fan Cam as a hybrid marketing and engagement tool. When fans appear on the stadium screen with branded filters or themed overlays, teams can integrate sponsors into the visuals. That creates a form of digital advertising inventory tied directly to fan participation. The system can also generate social media amplification when fans record the video board moments and share them online. This combination of participation and brand exposure is intended to help teams create new forms of sponsor activation inside stadiums. The Rangers have used Versus’ technology for several seasons, incorporating it into the entertainment programming that runs between innings and during breaks in play. A new agreement has also been signed, calling for the production of more AR Filter Fan Cam filters for the Rangers, part of a new SOW (Statement of Work) agreement, and a continued rollout of their in-stadium interactive fan filter experience. Live entertainment programming inside sports venues has increasingly become a focus for teams seeking to enhance the in-person experience and differentiate stadium attendance from watching games at home. Interactive displays, mobile integrations and augmented visuals are now common elements in modern stadium production. Versus Systems’ technology portfolio extends beyond in-stadium activations. The company describes its core business as a gamification platform that allows brands and content creators to embed games and reward systems into media experiences. Through its proprietary rewards engine, advertisers can place prizes or branded items within games or digital experiences. Participants compete to win those rewards, creating interactive fan engagement opportunities. The system can operate across multiple digital environments, including mobile applications, console games, PC gaming platforms and streaming media content. Brands effectively pay to integrate rewards or products into those experiences, while players participate for the chance to win prizes. Announcement • Apr 16
Versus Systems Inc. announced that it expects to receive $1.7 million in funding from ASPIS Cyber Technologies, Inc. Versus Systems, Inc. announced that it has entered into a Stock Purchase Agreement with new investor ASPIS Cyber Technologies, Inc. to issue common shares for gross proceeds $1,700,000 on April 15, 2026. The parties expect to close the sale of stock contemplated by the SPA on or before May 14, 2026 Announcement • Apr 02
Versus Systems Inc. announced delayed annual 10-K filing On 04/01/2026, Versus Systems Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Mar 03
Versus Systems Inc. Introduces Powerful Performance Upgrades to the Filter Fan Cam Product Designed to Elevate In-Stadium Engagement Versus Systems Inc. announced the renewal of its partnership with the Texas Rangers for the continued use of the Company’s Filter Fan Cam product through the 2026 Major League Baseball season. This agreement marks the next phase of a successful five-year collaboration and introduces performance upgrades to the Filter Fan Cam product designed to elevate in-stadium engagement. Versus’ Filter Fan Cam allows fans to see themselves on the venue video board with custom-branded filters, interactive overlays, and real-time visual effects. The platform enhances live event participation, drives social amplification, and creates sponsorship opportunities through branded digital experiences. The Texas Rangers will continue deploying Versus’ Filter Fan Cam during home games at the Globe Life Field, leveraging the upgraded platform to deepen fan engagement throughout the 2026 season. The latest Filter Fan Cam enhancements reflect the Company’s commitment to delivering interactive experiences that increase fan participation, improve operational performance, and create incremental revenue opportunities for Versus with both existing and future partnerships. The Texas Rangers will be deploying the next evolution of Versus’ Filter Fan Cam. These enhancements include: Strengthened cross-system performance and reliability by integrating a high-performance C++ tracking engine that detects and follows faces in real time, feeding precise position and movement data into Unity to keep on-screen filters smooth, stable, and accurately aligned. Introduced a high-performance camera driver operating at 60 frames per second, significantly reducing latency to deliver smoother, more responsive real-time fan interactions. Enhanced filter smoothing stability and deployed advanced audience facial tracking to increase accuracy across large in-venue crowds. Improved face retention capabilities, enabling longer and more stable filter application during live experiences. Launched the dynamic face paint filter functionality, unlocking expanded creative opportunities for themed activations, sponsorship integrations, and team-branded content. These improvements are designed to create a more seamless, immersive experience for fans while providing teams and sponsors with more consistent, high-quality on-screen activations. Versus Systems continues to advance its interactive engagement solutions across sports and live entertainment, aligning performance enhancements with partner-driven monetization strategies. The expanded partnership with the Texas Rangers underscores the Company’s commitment to continuous innovation and long-term collaboration. Announcement • Jan 20
Versus Systems Inc. Announces Chief Financial Officer Changes, Effective January 15, 2026 Versus Systems Inc. announced that on January 15, 2026, Geoff Deller resigned as Chief Financial Officer of the Company and, therefore, will no longer be the Company's principal financial officer. On that same date, the Company’s board of directors named Company Chief Executive Officer Luis Goldner as the Company’s principal financial officer. Announcement • May 22
Versus Systems Inc., Annual General Meeting, Jun 20, 2025 Versus Systems Inc., Annual General Meeting, Jun 20, 2025. Location: meetnow.global/mc25lpp, United States Announcement • Mar 30
Versus Systems Inc., Annual General Meeting, May 30, 2024 Versus Systems Inc., Annual General Meeting, May 30, 2024. Announcement • Jan 18
Versus Systems Regains Compliance with Nasdaq Minimum Bid Price Requirement Versus Systems Inc. announced that it received notice from The Nasdaq Stock Market on January 16, 2024 informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a) (2) for continued listing on the Nasdaq Capital Market. On January 23, 2023, Versus received notice from Nasdaq that the Company was not in compliance with the Rule, as its common shares failed to meet a closing bid price of $1.00 or more for 30 consecutive business days. The Company conducted a 1-for-16 reverse split of its common shares on December 28, 2023 to aid the compliance process. To regain compliance with the Rule, the Company's common shares were required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days. This requirement was met on January 12, 2024. Announcement • Dec 07
Versus Systems Inc., Annual General Meeting, Dec 29, 2023 Versus Systems Inc., Annual General Meeting, Dec 29, 2023, at 10:30 Pacific Standard Time. Location: 1558 West Hastings Street, Vancouver, British Columbia, V6G 3J4 Vancouver British Columbia Canada Agenda: To receive and consider the financial statements of the Corporation as at and for the years ended December 31, 2022 and 2021 together with the report of the auditors thereon; to fix the number of directors of the Corporation at seven ; to elect the directors of the Corporation for the ensuing year; to appoint the auditors of the Corporation for the ensuing year and to authorize the directors of the Corporation to determine the remuneration to be paid to the auditors; and to transact such other business as may properly come before the Meeting or any adjournment or postponement thereof. Reported Earnings • Nov 17
Third quarter 2023 earnings released: US$0.15 loss per share (vs US$2.12 loss in 3Q 2022) Third quarter 2023 results: US$0.15 loss per share (improved from US$2.12 loss in 3Q 2022). Net loss: US$1.57m (loss narrowed 55% from 3Q 2022). Revenue is forecast to grow 74% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Entertainment industry in Germany. Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Member of Advisory Board David Spiegel was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 16
Second quarter 2023 earnings released: US$0.19 loss per share (vs US$3.18 loss in 2Q 2022) Second quarter 2023 results: US$0.19 loss per share (improved from US$3.18 loss in 2Q 2022). Revenue: US$56.1k (down 78% from 2Q 2022). Net loss: US$2.04m (loss narrowed 49% from 2Q 2022). Revenue is forecast to grow 69% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Entertainment industry in Germany. Announcement • Jul 27
Versus Systems Receives Additional 180 Calendar Day Extension from Nasdaq to Regain Compliance with Minimum Bid Price Requirement Versus Systems Inc. announced that it has received an additional extension of 180 calendar days from The Nasdaq Stock Market LLC (‘Nasdaq’) to regain compliance with the minimum USD 1.00 bid price requirement set in Nasdaq Listing Rule 5550(a)(2) (the ‘Bid Price Requirement’) for continued listing on the Nasdaq Capital Market. The extension follows the expiration of the initial 180 calendar day compliance period on July 24, 2023. Nasdaq’s determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and meeting all other applicable requirements for initial listing on the Nasdaq Capital Market, with the exception of the Bid Price Requirement. Versus has also provided written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. As a result of the extension, Versus now has until January 22, 2024 to regain compliance with the Bid Price Requirement. If at any time before January 22, 2024, the bid price of the Company’s common shares closes at or above USD 1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written notification to Versus that it has achieved compliance with the Bid Price Requirement. This current notification from Nasdaq has no immediate effect on the listing or trading of the Company’s ordinary shares, which will continue to trade on the Nasdaq Capital Market under the symbol ‘VS’. Announcement • Jul 13
Versus Systems Inc. Launches Sign Up for Real-Money Skill-Based Gaming Beta Test Versus Systems Inc. announced that users can register now to take part in the beta tests for Versus' latest rewarded interactive experience, Winfinite Cash for AI-powered trivia. Beta users of Winfinite Cash will earn bonus cash and have early access to real-money rewards inside Versus' skill-based games. Users can register for the beta tests at winfinite.cash. The Winfinite Cash beta testing launches July 12, 2023 and will roll out over the coming weeks, addingtest players through the end of August. While sign-ups for the real money beta tests begin July 12, 2023, Winfinite Cash is anticipated to officially launch in September. Winfinite Cash is starting with Versus' latest offering, AI-powered trivia. Eventually, Versus aims to include real money as a prize-type across its growing portfolio of skill-based mobile games, including AI-powered trivia, sports games, and match3. Versus' interactive and rewarded products have been used in-venue by NFL, NBA, MLB, NHL and NCAA teams for years. The addition of MyWinfinite in June of this year allowed brands of any size to use gaming and rewards to drive customer engagement, as well as increase consented first-party data. With the platform's newest feature, Winfinite Cash, players will soon be able to play Winfinite's skill-based games for real-money rewards. Announcement • Jun 23
Versus Systems Launches New Self-Service, Ai-Powered, Rewarded Advertising Platform Versus Systems Inc. announced that the Company has now launched a new, self-service version of its powerful digital promotional marketing platform, Winfinite. The self-service platform, which now features AI-powered trivia games, is currently available at mywinfinite.com. With the new Winfinite, advertising agencies, brands, and marketers of any size can create their own interactive, rewarded advertising campaigns that drive customer engagement, incremental sales, and consented first-party data collection. With this self-service update to the Winfinite platform, brands will now be able to take advantage of some of the same tools and systems that are used in-venue by multiple NFL, NBA, MLB, NHL, and NCAA teams. With the new product, marketers can customize interactive campaigns with branded colors, logos, content, and rewards. Potential customers can then access these games via links or QR codes and play the games on their mobile devices to earn real-world rewards, including coupons, discounts, digital goods, physical goods, and sweepstakes entries. Versus holds multiple patents on the management of rewards in-game and at scale, based on a player's location, age, and other characteristics. Versus was also recently granted a US patent for using machine learning and AI to optimize and customize rewards based on player behavior. Reported Earnings • May 18
First quarter 2023 earnings released: US$0.16 loss per share (vs US$2.03 loss in 1Q 2022) First quarter 2023 results: US$0.16 loss per share (improved from US$2.03 loss in 1Q 2022). Revenue: US$158.0k (down 51% from 1Q 2022). Net loss: US$1.33m (loss narrowed 49% from 1Q 2022). Revenue is forecast to grow 72% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Entertainment industry in Germany. Reported Earnings • Mar 31
Full year 2022 earnings released: US$13.11 loss per share (vs US$15.11 loss in FY 2021) Full year 2022 results: US$13.11 loss per share. Revenue: US$1.11m (up 44% from FY 2021). Net loss: US$21.8m (loss widened 51% from FY 2021). Revenue is forecast to grow 58% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Entertainment industry in Germany. Announcement • Dec 17
Versus Systems Inc., Annual General Meeting, Feb 15, 2023 Versus Systems Inc., Annual General Meeting, Feb 15, 2023. Announcement • Dec 08
Versus Systems Inc. has completed a Composite Units Offering in the amount of $2.1 million. Versus Systems Inc. has completed a Composite Units Offering in the amount of $2.1 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 2,100,000
Price\Range: $1 Announcement • Nov 29
Versus Systems Regains Compliance with Nasdaq Minimum Bid Price Requirement Versus Systems Inc. announced that it has received notice from The Nasdaq Stock Market LLC ("Nasdaq") on November 23, 2022 informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Rule") for continued listing on the Nasdaq Capital Market. On June 14, 2022, Versus received notice from Nasdaq that the Company was not in compliance with the Rule, as its common shares failed to meet a closing bid price of $1.00 or more for 30 consecutive business days. The Company conducted a 1-for-15 reverse split of its common shares on November 8, 2022, to aid the compliance process. To regain compliance with the Rule, the Company’s common shares were required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days. This requirement was met on November 22, 2022. Announcement • Oct 21
Versus Systems Inc. to Launch Click Play Win, an Interactive Advertising Campaign Tool Combining Games and Rewards Versus Systems Inc. announced that the company will be launching its new Click Play Win interactive advertising tool at the inaugural UCLA Anderson Global Sports Business Forum on October 21, 2022. One of Versus' first Click Play Win engagements is with Eliqs, a beverage innovation lab with a platform that allows anyone to create their own custom craft beverages. Eliqs's customized beverage cans for the Global Sports Business Forum will feature a unique QR code printed directly onto the can that enables attendees to play Versus' Swish basketball game for a chance to win real-life rewards. Click Play Win is Versus' latest product to combine interactivity, gameplay, and rewards. Click Play Win is an especially powerful tool for advertisers who can now turn content, from commercials and streaming media to physical product packaging to posters, into a gateway to a brand campaign that drives engagement, sales, and product trial. This new product from Versus transforms products, videos, and webpages into interactive advertisements with an easy-to-use, web-based, no download experience. Click Play Win allows players to register to win, improving consented first party data for brands, and giving players a chance to win discounts and products that they want. The Click Play Win campaign tool can be tailored to any company or teams'branding and can be customized with multiple casual mobile games. Announcement • Sep 21
Versus Systems Inc. Appoints Ms. Shannon Pruitt to Its Board of Directors Versus Systems Inc. announced the appointment of Ms. Shannon Pruitt to its Board of Directors. As the Global Chief Content Officer of Stagwell Media Network, a global full-service marketing and communications group, Pruitt partners with agency CEOs, clients, publishers, creative, entertainment, sports and gaming companies to develop innovative partnerships, products and solutions to grow and scale the businesses and their offerings. She and her team develop and support brand-driven customer experiences in everything from traditional publisher environments to Web 3.0. The addition of Pruitt to the Versus board bolsters the Company’s existing professional sports partnerships and expansion into Over-the-Top (“OTT”) streaming and media, Corporate Events, and experiential marketing agencies. Pruitt has spent 20 years at the forefront of marketing and monetization for global clients, distribution companies, and IP rights holders. Pruitt has extensive consumer engagement and marketing experience from her prior roles as Chief Marketing Officer of The Honest Company, Co-founder and President of Dentsu’s The Story Lab, and Chief Content Officer at Carat. She has also previously built and led integrated marketing and sales teams at global production powerhouses Fremantle Media, Mark Burnett Productions, Warner Bros, 19 Entertainment, and Octagon, where was responsible for the strategy and activation of MasterCard’s FIFA World Cup, Major League Baseball and the NFL sponsorships. Announcement • Aug 03
Versus Systems Expands into Corporate Meeting and Events with First Activation for Finastra Versus Systems Inc. announced that Versus recently completed a successful activation for Finastra, a global provider of financial software applications and marketplaces, marking the first XEO platform activation in the Corporate Meeting and Events segment. With this activation, Versus was able to leverage its deep experience with sports-based fan engagement to expand the market for Versus’ leading audience engagement technology to a wider pool of potential clients. Considering the positive response of the Finastra event’s attendees to the XEO platform, Versus anticipates it will be able to expand its activations in the Corporate Meeting and Events segment in the future. Finastra engaged Versus to power audience engagement for its recent Global Sales Kick-Off in Miami, FL. Versus activated its on-demand XEO-based gaming platform for the two-day event, encouraging a friendly competition between event attendees. Audience adoption and use was particularly strong, with over one-third of the event’s attendees playing one of the eight games that were available to play. Games available during the Finastra event included the Swish basketball game, Turbo Trivia, and the Free Kick soccer game. Announcement • Jul 19
Versus Systems Inc. has completed a Follow-on Equity Offering in the amount of $2.155196 million. Versus Systems Inc. has completed a Follow-on Equity Offering in the amount of $2.155196 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 2,100,000
Price\Range: $0.52
Discount Per Security: $0.04
Security Name: Pre-funded Warrants
Security Type: Equity Warrant
Securities Offered: 2,045,000
Price\Range: $0.5199
Discount Per Security: $0.0416
Transaction Features: Registered Direct Offering Announcement • Feb 26
Versus Systems Inc. has completed a Composite Units Offering in the amount of $7 million. Versus Systems Inc. has completed a Composite Units Offering in the amount of $7 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 4,375,000
Price\Range: $1.6
Discount Per Security: $0.12 Announcement • Jun 11
Versus Systems Inc. Launches Shopify App to Add Ecommerce and Small Business Rewards Versus Systems Inc. announced the beta launch of their proprietary rewards platform, now accessible through a Shopify app that empowers businesses running Shopify to promote their products, drive trial and conversion, and grow awareness and sales through prizing and rewards. Versus’ prize-based advertising app allows Shopify partners to connect their stores to the Versus ad platform, where they can then serve their products, coupons, offers, and product samples to audiences inside a wide variety of apps, games, and shows. Versus’ engagement platform already works with a number of games, apps, streams, and live events, including the apps of multiple NFL, NHL, MLB, and NBA teams. Based on the ideas of choice and earned-reward, Shopify shops participating in the test will be able to offer their products and discounts to audiences as part of in-game challenges that players can earn with their in-game play. Participating businesses will also take advantage of Versus’ dynamic regulatory compliance engine, which manages state and federal regulatory and legal guidelines that apply to contests, promotional prizing, and giveaways. Announcement • Jun 05
Versus Systems Inc. (NasdaqCM:VS) completed the acquisition of Xcite Interactive, Inc. Versus Systems Inc. (NasdaqCM:VS) entered into a definitive agreement to acquire Xcite Interactive, Inc. for $15.9 million on May 11, 2021. As part of consideration, Versus will issue, in exchange for all of the outstanding equity interests in Xcite, an aggregate amount of share consideration of up to 2,011,163 shares of Versus’s common stock and cash consideration of up to approximately $130,799, subject to certain adjustments as set forth in the definitive agreement. The transaction also has $2.25 million retention pool for Xcite employees. Post acquisition, Xcite will be a wholly-owned subsidiary of Versus Systems. Matthew Pierce, Versus Chief Executive Officer, and Craig Finster, Versus President and Chief Financial Officer, taking on those same roles at the Xcite Interactive post completion of transaction. The Versus Board of Directors will also become the Xcite board. The closing of the merger is subject to certain material conditions, including approval of Xcite’s stockholders, the execution of employment offer letters by certain of Xcite’s key employees, and the approval of the shares to be issued in the merger for listing on Nasdaq. Joe Struble of Clark Hill PLC is serving as a legal advisor to Xcite on the transaction. Kris Withrow and Sarah Chambless of Fenwick & West LLP acted as legal advisors to Versus Systems.
Versus Systems Inc. (NasdaqCM:VS) completed the acquisition of Xcite Interactive, Inc. on June 4, 2021. The acquisition was completed through a merger of a wholly-owned subsidiary of Versus Systems with and into Xcite Interactive. Announcement • May 26
Versus Systems Successfully Tests Rewards with Canelo Alvarez, Crush Versus Systems Inc. recently completed a beta test of their XEO engagement platform at the Canelo Alvarez vs. Billy Joe Saunders super middleweight championship fight at AT&T Stadium on May 8, 2021. Partnering with Crush, the Keurig Dr. Pepper brand, Versus created a digital experience that allowed fans to play mobile games for real-world prizes before and during the match. While some campaigns are still in progress, Versus has already seen over 60% redemption rates on a number of reward campaigns. Versus gave away over 1000 prizes to fans who played predictive gaming, match games, and casual arcade games before and throughout the fight. Fans won 2-liters of Crush soda, codes from DAZN to watch the pay-per-view fight for free, and signed boxing gloves from Canelo, who won the fight by TKO. Some fans played Versus-enabled games for over 12 hours to win real-world rewards, with some individuals playing games like Crush-branded skee-ball over 2,000 times. Announcement • May 13
Versus Systems Inc. (NasdaqCM:VS) entered into a definitive agreement to acquire Xcite Interactive, Inc. for $15.9 million. Versus Systems Inc. (NasdaqCM:VS) entered into a definitive agreement to acquire Xcite Interactive, Inc. for $15.9 million on May 12, 2021. As part of consideration, Versus will issue, in exchange for all of the outstanding equity interests in Xcite, an aggregate amount of share consideration of up to 2,011,163 shares of Versus’s common stock and cash consideration of up to approximately $130,799, subject to certain adjustments as set forth in the definitive agreement. The transaction also has $2.25 million retention pool for Xcite employees. Post acquisition, Xcite will be a wholly-owned subsidiary of Versus Systems. Matthew Pierce, Versus Chief Executive Officer, and Craig Finster, Versus President and Chief Financial Officer, taking on those same roles at the Xcite Interactive post completion of transaction. The Versus Board of Directors will also become the Xcite board. The closing of the merger is subject to certain material conditions, including approval of Xcite’s stockholders, the execution of employment offer letters by certain of Xcite’s key employees, and the approval of the shares to be issued in the merger for listing on Nasdaq. Clark Hill PLC is serving as legal counsel to Xcite on the transaction. Announcement • May 05
Versus Systems to Power Second Screen Engagement in Canelo Alvarez Title Fight on May 8Th Versus Systems Inc. announced that in concert with the Frias Agency, the Company will be launching a beta test of XEO, Versus’ second screen gamified rewards platform for the May 8th, 2021 Canelo Alvarez vs. Billy Joe Saunders middleweight boxing title fight taking place at AT&T stadium in Dallas, Texas. The Versus technology will allow Crush to create a unique engagement experience for fans watching the fight live, whether they are in-stadium or watching on DAZN pay-per-view. More than 60,000 fans are expected to be in attendance, making the Canelo-Saunders fight the large United States sporting crowd since the COVID-19 shutdown began in March 2020. Announcement • May 02
Versus Systems Inc. announced delayed 20-F filing On 04/30/2021, Versus Systems Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC. Announcement • Mar 07
Versus Systems Inc. Announces Strategic Partnership with Frias Agency Versus Systems Inc. announced a strategic partnership with full-service experiential marketing agency, Frias Agency (“Frias”), to power the technology behind interactive experiences for live events and digital activations. Frias Agency clients include iconic beverage brands from Constellation Brands, such as Corona, Cerveza Modelo, Cerveza Pacifico, Crush, Kim Crawford, Meiomi, Blue Chair Bay, and Casa Noble. Frias also works with major athletes like Canelo Alvarez and sports promoters like Matchroom Boxing and Premier Boxing Champions. The Versus partnership with Frias expects to extend prizing into live sporting events starting Summer 2021 for soccer, boxing, wrestling and MMA, as well as live music festivals and tours. Announcement • Feb 24
Versus Systems Announces Voluntary Delisting from CSE Versus Systems Inc. on February 23, 2021 announced plans to withdraw its common shares from listing on the Canadian Securities Exchange (the 'CSE') effective February 25, 2021. Versus' common shares (CUSIP 92535P808) have been traded on the CSE since 2016 under the symbol VS, the same as its Nasdaq symbol. Following the recent listing of its shares on the Nasdaq Capital Market, the Company has decided to withdraw from the CSE. Versus will continue to trade on the Nasdaq Capital Market under the symbol VS and on the Frankfurt stock exchange under the symbol BMVB and will continue to be a Canadian Reporting Issuer. Announcement • Feb 18
Versus Systems Partners With Xcite Interactive to Bring Patented Rewards Platform to Television and Streaming Versus Systems Inc. announced a partnership agreement with Xcite Interactive, a world leader in interactive audience engagement. Audiences will be able to win real-world prizes while watching sports, playing mobile games, and watching streams on their TVs and mobile devices. Xcite's technology has powered interactive media experiences for major sports leagues like the NFL, NBA, NHL
MLB, and NCAA, as well as events like the Olympics, the World Cup, X-Games, Formula1, and corporate events
around the world. The interactive media platform has delivered experiential fan engagement for over 150 major
sports teams and innovative entertainment partners, broadcasting on television, on OTT services, on custom
websites, or on streaming platforms like YouTube and Twitch. Announcement • Jan 16
Versus Systems Inc. has completed a Composite Units Offering in the amount of $9.6 million. Versus Systems Inc. has completed a Composite Units Offering in the amount of $9.6 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 1,280,000
Price\Range: $7.5
Transaction Features: New Market Listing Is New 90 Day High Low • Dec 29
New 90-day high: €10.65 The company is up 289% from its price of €2.74 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 22
New 90-day high: €8.77 The company is up 214% from its price of €2.79 on 22 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: €8.77 The company is up 214% from its price of €2.79 on 22 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 19
New 90-day high: €8.77 The company is up 210% from its price of €2.82 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 18
New 90-day high: €8.77 The company is up 210% from its price of €2.82 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: €8.77 The company is up 198% from its price of €2.94 on 17 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 14% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: €8.77 The company is up 170% from its price of €3.25 on 16 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 14% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: €0.35 The company is up 78% from its price of €0.20 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 17% over the same period. Announcement • Dec 04
Versus Systems Partners with Sparx Technology for Rewards in Live Television Events Versus Systems Inc. signed a multi-year Strategic Alliance Agreement with Sparx Technology Inc. (“Sparx”) to add Versus’ patented real-world prizing platform to the Sparx Participation Platform – a second-screen engagement tool used by global brands, events, and teams from the NFL, the NBA, the NHL, and MLB and more. The Sparx platform also works with networks and broadcast TV clients including NBC, ABC, Disney, and CNN. Sparx plans to use Versus’ patented rewards and engagement engine to incentivize audiences and fans to play predictive, polling, and trivia games either at-home or in-venue, before or during the live event. The agreement outlines the co-development of tools for reality TV, awards shows, and live-streaming events. Sparx has worked on the U.S. Presidential Election, the Academy Awards, Big Brother Australia, the Miss Universe Pageant and more. The two companies plan to have their co-developed products available in early 2021. Announcement • Nov 20
Versus Systems Inc. announced that it has received CAD 2.5 million in funding Versus Systems Inc. (CNSX:VS) announced a non-brokered private placement of 10,000,000 units at a price of CAD 0.25 per unit for gross proceeds of CAD 2,500,000 on November 18, 2020. Each unit is comprised of one common share, and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at a price of CAD 0.40 per share for 24 months following the date of issue. All securities issued under the transaction are subject to a four month hold period in accordance with Canadian securities laws, and may not be traded until March 18, 2021. Is New 90 Day High Low • Nov 19
New 90-day high: €0.26 The company is up 102% from its price of €0.13 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 34% over the same period. Announcement • Nov 18
Versus Systems Inc. Announces Partnership with BTC Studios S.A Versus Systems Inc. announced a partnership with BTC Studios to bring Versus' proprietary in-app rewards technology to BTC's free-to-play and family-friendly puzzle game, Taffy: Feed The Kitty. BTC Studios will be evaluating the potential to use the Versus Systems solution for future marketing initiatives beyond "Taffy: Feed The Kitty" to gain access to a broad roster of Versus' advertising partners across food, health and beauty, apparel, consumer
electronics, and entertainment categories. Announcement • Oct 02
Versus Systems Partners with Predictmedix to Develop Products for Healthcare Applications in the Clinical Trial Market Versus Systems Inc. signed an agreement with Predictmedix Inc. The agreement is to bring Versus’ proprietary rewards platform to the healthcare vertical – allowing healthcare providers, Contract Research Organizations (CROs), and life science companies to use rewards to recruit and retain a broader range of patients, and to promote compliance in testing medical therapies. These products, for use primarily by CROs, academic medical centers and those in the clinical trials markets, will enter a market that Fortune Business Insights estimates at $40 Billion annually. Predictmedix will use Versus’s patented rewards and engagement engine to incentivize users and patients to take steps in their treatment. In the case of clinical trials, this may include rewarding patients for joining certain trials, as well as for complying with trial protocols. According to Deloitte, recruiting, retention, and compliance are central issues in the clinical trial space with over 40% of patients not adhering to trial protocols. The Versus IP allows for remote data collection, real-time feedback, and a rewards-based engagement that could change patient behaviors and outcomes - saving time and money, and also improving healthcare outcomes by providing more complete trial data. Announcement • Jul 19
Versus Systems Inc. announced that it has received CAD 0.690125 million in funding Versus Systems Inc. (CNSX:VS) announced a non-brokered private placement of 2,760,500 units at CAD 0.25 per unit for gross proceeds of up to CAD 690,125 on July 17, 2020. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable at a price of CAD 0.40 for a period of 24 months from the date of issue. All securities issued pursuant to the transaction will be subject to a four month hold period in accordance with Canadian securities laws and may not be traded until November 18, 2020. Announcement • Jul 18
Versus Systems Inc. Auditor Raises 'Going Concern' Doubt Versus Systems Inc. filed its Annual on Jun 15, 2020 for the period ending Dec 31, 2019. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.