Versus Systems was pleased by the recent Supreme Court decision to allow states to regulate sports betting individually.
Versus Systems has completed a second tranche of its previously announced private placement of units (each, a "Unit") at a price of $0.30 per Unit ()Offering"), by issuing 9,260,667 Units for aggregate gross proceeds of $2,778,200.10.
Versus Systems has completed an initial tranche of its previously announced best efforts private placement of up to 13,333,333 units (each, a "Unit") at a price of $0.30 per Unit for gross proceeds of up to $3,999,999.90.
Versus Systems, Inc. has entered into a letter of engagement with Eight Capital, pursuant to which the Eight Capital, acting as agent for the Company, has agreed to offer for sale Units of the Company (the "Units"), on a "best efforts" private placement basis, subject to all required regulatory approvals, at a price per Unit of $0.30 ()Issue Price") for total gross proceeds of up to $3,000,000 ()Offering"). Fort Capital Partners is acting as financial adviser to the Company in connection with the offering.
Versus Systems partners with IDW Publishing, publishers of comics and graphic novels (Star Trek, Transformers, Teenage Mutant Ninja Turtles, and more) to expand the Versus in-game prize offerings for video gamers.
Versus Systems is developing a blockchain-enabled version of their conditional prizing platform that allows publishers and developers to add prizes to their video games and interactive media.
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