Verses AI Inc. (VRSSF) Form 8-K — Jun 22, 2026

Verses AI Inc. announced it will discontinue all artificial intelligence research and development activities to preserve capital, citing extreme liquidity constraints and an inability to secure financing. The company stated it will refocus on evaluating strategic alternatives, though there is no assurance any transaction will occur to enable continued operations. Three top executives resigned from the company: President and COO James Hendrickson, CTO Hari Thiruvengada, and Chief Science Officer Karl Friston.

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