VERSES AI Announces Listing on CBOE UK and CBOE Europe
23 Juni 2023 - 3:00PM
VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) ("VERSES'' or the
"Company”), a cognitive computing company specializing in the next
generation of artificial intelligence, is pleased to confirm that
it's stock has been made available for trading on Cboe's
Netherlands and UK exchanges enabling secondary trading and local
currency access to European and UK investors. The shares
of VERSES AI continue to trade on Cboe Canada, the new
business name of the NEO Exchange Inc., Canada's Tier 1 stock
exchange or the Purpose-Driven Innovation Economy, under the ticker
symbol: VERS, and remain available for trading on OTCQX: under the
ticker VRSSF. The new ticker symbols are as follows: Cboe UK: J9Ad,
Cboe EU: J9Ad
Cboe's equities markets are among the most liquid in the world.
In North America, Cboe's U.S. and Canadian equities trading venues
handle a combined $61.7 billion in average daily notional value
(ADNV), capturing approximately 22 percent of the total equities
trading market share in the region. In Europe, Cboe operates the
largest pan-European equities exchange, accounting for €8.4 billion
in ADNV and 25 percent share of the European equities market. In
Australia, Cboe operates the country's second-largest equities
exchange with ADNV of more than $AUD 1.5 billion, representing
approximately 19 percent of all daily trading in the Australian
equities markets.
“Cboe’s UK and European exchanges will allow us to broaden our
investors base and access new pools of capital and liquidity which
will ultimately enhance value for our shareholders. Given our UK
and European presence, this is a significant capital markets
milestone for the company,” commented Gabriel Rene, Co-Founder and
CEO of VERSES AI. “We look forward to expanding our listing
relationship with the Cboe as they continue to grow and tap into
new markets including Cboe Japan and Cboe Australia.”
VERSES is active in the UK and Europe with eleven team members
in Europe and five in the UK and a satellite office in the
Netherlands. The Company has active business activities in Europe
including the Flying Forward 2020 (FF2020) project with the
European Commission. FF2020 is a three-year research and innovation
project funded by the European Union focusing on creating a state
of the art Urban Air Mobility (UAM) ecosystem for autonomous drone
missions. VERSES previously received a €948,847 grant as part of
this program. For more information, visit www.ff2020.eu.
About Cboe Canada
Cboe Canada, the new business name of the NEO Exchange Inc., is
Canada’s Tier 1 stock exchange for the purpose-driven Innovation
Economy, providing a best-in-class listing experience for issuers
that are shaping the economies of tomorrow. Fully operational since
2015, Cboe Canada lists companies and investment products seeking
an internationally recognized stock exchange that enables investor
trust, quality liquidity, and broad awareness including unfettered
access to market data. Cboe Canada is part of the Cboe Global
Markets network, leveraging deep international expertise,
industry-leading market intelligence and technology, and
unparalleled service to deliver what stakeholders and the world
need now, and for the future.
About VERSES
VERSES is a cognitive computing company specializing in
next-generation Artificial Intelligence. Modeled after natural
systems and the design principles of the human brain and the human
experience, VERSES flagship offering, GIA™, is an Intelligent Agent
for anyone powered by KOSM™, a network operating system enabling
distributed intelligence. Built on open
standards, KOSM transforms disparate data into knowledge
models that foster trustworthy collaboration between humans,
machines, and AI, across digital and physical domains. Imagine a
smarter world that elevates human potential through innovations
inspired by nature. Learn more at VERSES, LinkedIn
and Twitter.
On Behalf of the Company Gabriel René,
Co-Founder & CEO, VERSES AIpress@verses.ai
Media and Investor Relations Inquiries Leo
Karabelas, President, Focus
Communicationsinfo@fcir.ca416-543-3120
Forward-Looking Statements Cautionary Note
The NEO has not reviewed or approved this press release for the
adequacy or accuracy of its contents.
This release includes certain statements and information that
may constitute forward-looking information within the meaning of
applicable Canadian securities laws. Forward-looking statements
relate to future events or future performance and reflect the
expectations or beliefs of management of the Company regarding
future events. Generally, forward-looking statements and
information can be identified by the use of forward-looking
terminology such as “intends” or “anticipates,” or variations of
such words and phrases or statements that certain actions, events
or results “may,” “could,” “should,” “would” or “occur.” This
information and these statements, referred to herein as
"forward-looking statements", are not historical facts, are made as
of the date of this news release and include without limitation,
statements that Verses is expected to deliver technology that aims
to fundamentally change and improve how we live and run the world.
In making the forward-looking statements in this news release, the
Company has applied several material assumptions, including without
limitation, that Verses will deliver technology that aims to
fundamentally change and improve how we live and run the world.
These forward-looking statements involve numerous risks and
uncertainties, and actual results might differ materially from
results suggested in any forward-looking statements. These risks
and uncertainties include, among other things, that Verses will not
deliver technology that aims to fundamentally change and improve
how we live and run the world. Although management of the Company
has attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking statements or forward-looking information, there
may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements and forward-looking information. Readers
are cautioned that reliance on such information may not be
appropriate for other purposes. The Company does not undertake to
update any forward-looking statement, forward-looking information
or financial out-look that are incorporated by reference herein,
except in accordance with applicable securities laws.
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