VERSES AI is consolidating all of its issued and outstanding Class A Subordinate Voting Shares on the basis of one post-consolidated Subordinate Voting Share for every three pre-consolidated Subordinate Voting Shares held. The Company’s stock symbol will change to VRSSD following the Consolidation. The Company’s board of directors approved the Consolidation on June 10. Trading of the Subordinate Voting Shares on a post-Consolidation basis on Cboe Canada is expected to commence on or about June 23, 2025. The new CUSIP number for the Subordinate Voting Shares will be 92539Q604 and the new ISIN number will be CA92539Q6040. As of the date hereof, the Company currently has 26,239,469 Subordinate Voting Shares issued and outstanding. The Consolidation will reduce the number of outstanding Subordinate Voting Shares to approximately 8,746,490 Subordinate Voting Shares issued and outstanding.
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