Versus systems announces $2.16 million registered direct offering

Los angeles, july 14, 2022 (globe newswire) -- versus systems inc. (“versus” or the “company”) (nasdaq: vs) today announced that it has entered into a definitive agreement with an institutional investor for the purchase and sale of 4,145,000 of the company's common shares (or common share equivalents) at a purchase price of $0.52 per common share (or common share equivalent) in a registered direct offering. the closing of the offering is expected to occur on or about july 18, 2022, subject to the satisfaction of customary closing conditions.
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