U.S. Stock Market News | Versus Systems skyrockets over 600% after reaching a significant agreement with ASPIS Company
On Wednesday, Versus Systems surged over 600% after opening, reaching a 430% increase to $6.09 at the time of publication. On the news front, on October 16th, Versus Systems announced two important agreements with Aspis Cyber Technologies, Inc. ("ASPIS"). The first agreement is a commercial financing agreement, stipulating that ASPIS will invest $2.5 million in Versus Systems. The second agreement is a "Technology License and Software Development Agreement," which authorizes ASPIS to license Versus Systems' gamification, interactive, and QR code technologies to integrate them into its network security products. These agreements are aimed at meeting the company's requirement to maintain a minimum of $2.5 million in shareholders' equity to continue listing on the Nasdaq capital market, ensuring compliance at least until September 30, 2025
According to the Zhitong Finance and Economics APP, on Wednesday, Versus Systems (VS.US) surged over 600% after the opening, reaching a 430% increase to $6.09 at the time of publication. On the news front, on October 16th, Versus Systems announced two important agreements with Aspis Cyber Technologies, Inc. ("ASPIS"). The first agreement is a commercial financing agreement, stipulating that ASPIS will invest $2.5 million in Versus Systems. The second agreement is the "Technology License and Software Development Agreement," which authorizes ASPIS to license Versus Systems' gamification, interactive, and QR code technologies to integrate them into its network security products. These agreements are aimed at meeting the requirement for the company to maintain a minimum of $2.5 million in shareholders' equity to continue listing on the Nasdaq capital market, ensuring compliance at least until September 30, 2025