StockWatch
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EDP Services
InvestmentApr 16, 2026, 06:51 AM

Versus Systems to Sell $1.7M in Stock to ASPIS Cyber Technologies

AI Summary

Versus Systems Inc. entered into a Stock Purchase Agreement with ASPIS Cyber Technologies, Inc. to sell common stock for $1,700,000 in cash. The transaction is expected to close by May 14, 2026, with the purchase price per share set at 105% of the preceding day's closing price. This capital infusion is anticipated to help Versus Systems maintain at least $2,500,000 in stockholders' equity through December 31, 2026.

Key Highlights

  • Versus Systems to sell common stock for $1,700,000.
  • Sale to ASPIS Cyber Technologies via Stock Purchase Agreement.
  • Purchase price is 105% of prior day's closing price.
  • Expected to close by May 14, 2026.
  • Aims to maintain $2.5M in stockholders' equity through 2026.