The company cautions that while it aims to list on Nasdaq, this is contingent on meeting certain pricing and financing conditions and receiving approval from Nasdaq. Forward-looking statements in the announcement highlight the inherent risks and uncertainties involved, noting that actual results may differ from current expectations. VERSES emphasizes that undue reliance should not be placed on these forward-looking statements, which are intended to provide information about management's current plans and expectations.
Key takeaways:
- VERSES AI Inc. has begun trading its Class A Subordinate shares on the OTCQB market under the symbol "VRSSD" as part of its preparation for an intended uplisting to Nasdaq.
- The company is a cognitive computing firm specializing in next-generation intelligent software systems, with its flagship product being a suite of tools called Genius™.
- There is no assurance that VERSES AI Inc.'s application for listing on Nasdaq will be approved or that it will meet the required conditions in a timely manner.
- The news release contains forward-looking statements that involve risks and uncertainties, and actual results could differ materially from those anticipated.