Versus Systems (VS.US) jumps over 600% after signing a significant agreement with ASPIS

On Wednesday, Versus Systems (VS.US) opened with a surge of over 600%, as of writing, up 430% to $6.09. On October 16, Versus Systems announced two important agreements with Aspis Cyber Technologies, Inc. ("ASPIS"). The first agreement is a commercial financing agreement, which stipulates 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 technology to integrate into its cybersecurity products. These agreements are intended to meet the company's requirement of maintaining at least $2.5 million in shareholder equity to continue listing on the Nasdaq Capital Market, ensuring compliance at least until September 30, 2025.