Versus Systems Inc 6-K, filed Oct 6, 2022
Versus Systems Inc. (VS)
About this 6-K
Versus Systems Inc filed this 6-K on October 6, 2022.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2022
Commission File Number 001-39885
VERSUS SYSTEMS INC.
(Translation of registrant’s name into English)
1558 West Hastings Street
Vancouver BC V6G 3J4 Canada
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐
Strategic Investment from Outblaze Limited
On September 30, 2022, Versus Systems Inc. (“Versus” or the “Company”) entered into a subscription agreement with Outblaze Ltd., an affiliate of Yat Siu, the Executive Chairman and Co-Founder of multi-billion-dollar digital entertainment company Animoca Brands. Pursuant to the agreement, Outblaze Ltd. purchased 6,184,382 common shares of the Company at a purchase price of $0.181 per share for total gross proceeds of USD $1,119,373.14. The transaction price was based on the market close price of $0.181 per common share on September 29, 2022. The transaction was completed at the then-market price, with no discounts and no warrants. The closing of the transaction occurred on October 6, 2022.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: October 6, 2022
| VERSUS SYSTEMS INC. | |||
| By: | /s/ Matthew Pierce | ||
| Name: | Matthew Pierce | ||
| Title: | Chief Executive Officer | ||
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