VERSES AI Responds To OTC Markets’ Request Regarding Promotional Activity
VANCOUVER, British Columbia, Dec. 22, 2023 (GLOBE NEWSWIRE) -- VERSES AI (CBOE Canada: VERS) (OTCQB: VRSSF) ("VERSES" or the "Company"), announces that it has been requested by OTC Markets Group Inc. ("OTC Markets") to issue this statement about promotional activity concerning the Company's Class A Subordinate Voting shares (the “Shares”) traded on the OTCQB marketplace.
- VANCOUVER, British Columbia, Dec. 22, 2023 (GLOBE NEWSWIRE) -- VERSES AI (CBOE Canada: VERS) (OTCQB: VRSSF) ("VERSES" or the "Company"), announces that it has been requested by OTC Markets Group Inc. ("OTC Markets") to issue this statement about promotional activity concerning the Company's Class A Subordinate Voting shares (the “Shares”) traded on the OTCQB marketplace.
- The emails and the marketing materials contained information available from publicly available online resources.
- Although the Company understands some of this promotional activity coincided with increased trading activity in the Shares beginning on December 19th, 2023, it does not believe the promotional activities were the primary factor in any increase in trading volume in the Shares.
- The Company is committed to compliance with the OTC Markets Group policy on stock promotion and the OTCQB standards.