LOS ANGELES, Dec. 07, 2022 (GLOBE NEWSWIRE) — Versus Systems Inc. (“Versus” or the “Company”) (NASDAQ:VS) today announced the pricing of its public offering of 2,100,000 units for gross proceeds of approximately $2.1 million, before deducting placement agent fees and other offering expenses payable by Versus. Each unit consists (i) of either (a) one common share or (b) one pre-funded warrant to purchase one common share and (ii) two warrants to purchase one common share each, at a public offering price of $1.00 per unit. The warrants will have an exercise price of $1.10 per share, are exercisable immediately upon issuance, and will expire five years following the date of issuance. All of the shares, pre-funded warrants and warrants included in this offering are being sold by Versus. The offering is expected to close on December 9, 2022, subject to customary closing conditions.
JPMorgan Lowers Piedmont Lithium Price Target; This IPO Is Oversubscribed; Nexa Reports Results; Compass Refocuses
1. JPMorgan Chase analyst Bill Peterson maintained a Neutral rating on Piedmont Lithium Inc. (NASDAQ: PLL) and lowered his price target from $25 to $15.