Cboe Canada Inc. has confirmed a proposed consolidation by Verses AI Inc. of its issued and outstanding Class A subordinate voting shares on the basis of one postconsolidation subordinate voting share for every three preconsolidation subordinate voting shares, as described in Verses's news release dated June 19, 2025, and approved by a resolution of the directors of Verses's on June 10, 2025.

The subordinate voting shares will commence trading on a postconsolidated basis at the start of trading on Monday, June 23, 2025. There will be no change to the trading symbol.

The new Cusip and the new ISIN for the postconsolidated subordinate voting shares will be 92539Q 60 4 and CA 92539Q 60 4 0, respectively.

Additional information about the consolidation may be found in the news release available on SEDAR+.

All long orders will be cancelled at 5 a.m. EST on Monday, June 23, 2025. Dealers are reminded to resubmit their long orders.

Updated security and trading information

Security name:  Verses AI

Symbol:  VERS

Security type:  subordinate voting share

New Cusip No.:  92539Q 60 4

New ISIN:  CA 92539Q 60 4 0

Consolidation ratio:  1:3

Effective date:  June 23, 2025 (start of trading)

Fractional entitlement:  No fractional subordinate voting shares will be issued. Any fractional postconsolidation subordinate voting shares will be rounded to the nearest whole number of postconsolidation subordinate voting shares.

Exchange procedure:  Return the letter of transmittal, together with share certificates, to Endeavor Trust Corp. at its principal offices in Vancouver, B.C.

Transfer agent and registrar:  Endeavor Trust Corp.