Versus Systems Inc. (VS) AI Dilution Summary

Cash was $1,361,714 at the 2026-06-30 balance-sheet date, against estimated monthly burn of $158,396. The most recent capital raised was a private placement that closed 2026-06-26 for $1,700,000 gross and 1,310,969 shares; because it closed before that date, its proceeds are already included in the cash figure. The main source of potential dilution is the ASPIS warrants: 1,077,586 shares at a fixed $4.00 exercise price, expiring 2029-12-24.