Versus Systems

Versus Systems, Inc. engages in the development of business-to-business video game support software. Its software platform allows video game publishers and developers to offer prize based matches. The company's platform facilitates several types of single player prize challenges that includes a range of prize types, including coupons, sweepstakes style prizes, consumer packaged goods and downloadable content. The company was founded by Matthew Pierce on December 1, 1988 and is headquartered in Vancouver, Canada.

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Versus Systems, Inc. engages in the development of business-to-business video game support software. Its software platform allows video game publishers and developers to offer prize based matches. Its geographical segments include Canada and USA. The company's platform facilitates several types of single player prize challenges that includes a range of prize types, including coupons, sweepstakes style prizes, consumer packaged goods and downloadable content. The company was founded by Matthew Pierce on December 1, 1988 and is headquartered in Vancouver, Canada.

Versus Systems Inc. (NASDAQ:VS, CSE:VS) has announced the launch of beta testing for their latest interactive experience, Winfinite Cash for AI-powered trivia. The introduction of Winfinite Cash gives players the opportunity to play Versus' skill-based games for real-money rewards.

Versus Systems launches Winfinite Cash beta testing, offering real-money rewards in skill-based games

New “Winfinite Cash” Platform Will Allow Users to Win Real Money in Winfinite Mobile Games, Including AI-Powered Trivia New “Winfinite Cash” Platform Will Allow Users to Win Real Money in Winfinite Mobile Games, Including AI-Powered Trivia

Versus Systems Launches Sign Up for Real-Money Skill-Based Gaming Beta Test

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Versus Systems Inc. (NASDAQ:VS, CSE:VS) has announced the launch of a new, self-service version of its powerful digital promotional marketing platform, Winfinite. The engagement and rewards company said 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.

Versus Systems launches new AI-powered, rewarded advertising platform

New Winfinite Platform Features Customizable Games, Including AI-Powered Trivia, at mywinfinite.com New Winfinite Platform Features Customizable Games, Including AI-Powered Trivia, at mywinfinite.com

Versus Systems Launches New Self-Service, AI-Powered, Rewarded Advertising Platform

Versus Systems Inc. (VS) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Bears are Losing Control Over Versus Systems Inc. (VS), Here's Why It's a 'Buy' Now

Versus Systems Inc. (VS) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.37. This compares to loss of $2.10 per share a year ago.

Versus Systems Inc. (VS) Reports Q1 Loss, Misses Revenue Estimates

Versus Systems Inc. (NASDAQ:VS, CSE:VS) said the US Patent and Trademark Office (USPTO) has issued the company a patent covering its use of machine learning and artificial intelligence to optimize rewards and coupons within interactive media. The patent, titled “Processing in-content challenges for online gaming systems” includes 20 protected claims, including methods to contextualize and personalize digital and real-world rewards for both the player and the prize-providing brand.

Versus Systems gets US patent to use AI to craft specific in-game rewards for users

Versus New Patent Covers ML and AI Applications for In-Game Rewards and Advertising Versus New Patent Covers ML and AI Applications for In-Game Rewards and Advertising

Versus Systems Secures New U.S. Patent for Machine Learning and Artificial Intelligence System

Versus Systems Inc. (NASDAQ:VS, CSE:VS) hosted an investor webinar on Wednesday, March 29, 2023, which provided an update on the company's recent financial and operational highlights, notably a strengthened balance sheet offering it "greater flexibility to evaluate potential partnerships and acquisition opportunities". In a statement ahead of the webinar, Matthew Pierce, CEO of Versus Systems commented: “The Versus balance sheet is stronger today than it has been since our early days on Nasdaq.

Versus Systems sees strengthened balance sheet offering "greater flexibility to evaluate potential partnerships and acquisition opportunities"

Versus Systems Inc. (VS) delivered earnings and revenue surprises of -12.67% and 56.40%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Versus Systems Inc. (VS) Reports Q4 Loss, Misses Revenue Estimates

Strengthened Balance Sheet and Reduced Cash Burn Provide Greater Flexibility for Strategic Growth Opportunities

Versus Systems Provides Corporate Update

LOS ANGELES, March 24, 2023 (GLOBE NEWSWIRE) -- Versus Systems Inc. (“Versus” or the “Company”) (Nasdaq: VS) announced today that it will host an investor webinar on Wednesday, March 29, 2023 to provide an update on the Company and recent operational highlights. The webinar will begin at 2:00 p.m. PT (5:00 p.m. ET). Investors will be able to access the event in the investor relations section of the company's website at https://ir.versussystems.com/.

Versus Systems to Host Business Update Event on March 29th

LOS ANGELES, March 08, 2023 (GLOBE NEWSWIRE) -- Versus Systems Inc. (“Versus” or the “Company”) (NASDAQ: VS) is scheduled to participate in the 35th Annual ROTH Conference, which is being held at The Ritz-Carlton, Laguna Niguel in Dana Point, CA from March 12-14, 2023.

Versus Systems to Participate in the 35th Annual ROTH Conference

LOS ANGELES, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Versus Systems Inc. (“Versus” or the “Company”) (NASDAQ: VS) today announced that it has closed its previously announced registered direct offering of 2,500,000 of the Company's common shares at a purchase price of $0.90 per common share.

Versus Systems Announces Closing of $2.25 Million Registered Direct Offering

Versus Systems Inc. (NASDAQ:VS, CSE:VS) told investors it has entered into definitive agreements with institutional investors for the purchase and sale of 2.5 million common shares at $0.90 each in a registered direct offering priced at-the-market under Nasdaq rules.  The company said the offering is expected to occur on or about February 6, 2023, subject to the satisfaction of customary closing conditions.

Versus Systems announces $2.25M registered direct offering priced at-the-market under Nasdaq rules

LOS ANGELES, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Versus Systems Inc. (“Versus” or the “Company”) (NASDAQ: VS) today announced that it has entered into definitive agreements with institutional investors for the purchase and sale of 2,500,000 of the Company's common shares at a purchase price of $0.90 per common share in a registered direct offering priced at the market under Nasdaq rules. The closing of the offering is expected to occur on or about February 6, 2023, subject to the satisfaction of customary closing conditions. Immediately prior to the offering, the Company had 8,182,171 common shares outstanding, with the increase in outstanding shares resulting from the cash exercise of outstanding warrants.

Versus Systems Announces $2.25 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

Versus Systems (NASDAQ: VS ) is shooting up today on news of a partnership with Resolve Debt. The company is known for innovating interactive audience engagement through gamification technology.

Why Is Versus Systems (VS) Stock Up 260% Today?

Versus Systems Inc. (NASDAQ:VS, CSE:VS) has announced that it will partner with automated debt collection and artificial intelligence (AI) company Resolve Debt Inc. to bring gamification and interactive elements to Resolve's existing AI-powered credit and debt management products and customers.

Versus Systems to partner with Resolve Debt to bring generative AI and gamification to customer payments and credit management

LOS ANGELES, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Versus Systems Inc. (“Versus” or the “Company”) (Nasdaq: VS) announced today that it will partner with automated debt collection and artificial intelligence company Resolve Debt Inc. to bring gamification and interactive elements to Resolve's existing AI-powered credit and debt management products and customers, with the goal of addressing a portion of the $4.5 trillion US consumer (non-mortgage) debt market.1

Versus Systems to Partner with Resolve to Bring Generative AI and Gamification to Customer Payments and Credit Management

LOS ANGELES, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Versus Systems Inc. (“Versus” or the “Company”) (Nasdaq: VS) today announced that the Company received written notification (the "Notification Letter") from The Nasdaq Stock Market LLC ("Nasdaq") on January 23, 2023 that the Company is not in compliance with the minimum bid price requirement set forth in Nasdaq Rules for continued listing on Nasdaq.

Versus Systems Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

LOS ANGELES, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Versus Systems Inc. (“Versus” or the “Company”) (NASDAQ: VS) today announced the pricing of its public offering of 2,100,000 units for gross proceeds of approximately $2.1 million, before deducting placement agent fees and other offering expenses payable by Versus. Each unit consists (i) of either (a) one common share or (b) one pre-funded warrant to purchase one common share and (ii) two warrants to purchase one common share each, at a public offering price of $1.00 per unit. The warrants will have an exercise price of $1.10 per share, are exercisable immediately upon issuance, and will expire five years following the date of issuance. All of the shares, pre-funded warrants and warrants included in this offering are being sold by Versus. The offering is expected to close on December 9, 2022, subject to customary closing conditions.

Versus Systems Announces Pricing of $2.1 Million Public Offering

Versus Systems Inc posted third-quarter results that saw its revenue jump 4% year-over-year as it enhanced its product portfolio by launching Click Play Win, an interactive advertising campaign tool combining games and rewards. For the period ended September 30, 2022, the Los Angeles-based company which also has offices in Vancouver, reported revenue of $0.3 million.

Versus Systems sees 3Q revenue rise by 4% as it boots its product portfolio and reins in operating costs

Versus Systems Inc. (VS) delivered earnings and revenue surprises of 4.62% and 43.39%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Versus Systems Stock (VS)