More particularly and without limitation, this news release contains forward–looking statements and information relating to the expectation that the Company will complete the Consolidation; the effective date of the Consolidation; the record date of the Consolidation; the number of Subordinate Voting Shares outstanding following the Consolidation; the treatment of fractional shares in the Consolidation; and that the Company anticipates listing its Subordinate Voting Shares for trading on Nasdaq; and that a successful uplisting will help to better position the Company to progress towards a commercial launch of Genius™; and other statements that are not historical facts.
Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the Company will complete the Consolidation; that the Company will receive the necessary approvals to complete the Consolidation; that the number of Subordinate Voting Shares outstanding following the Consolidation will be consistent with the number set out herein; that the treatment of fractional shares will align with management’s current expectations; that the uplisting will better position the Company to progress towards a commercial launch of Genius™; that the Company will successfully list its Subordinate Voting Shares for trading on the Nasdaq as anticipated by management.
These include, but are not limited to, the Company’s ability to complete the Consolidation on the effective date, or at all; the number of post-Consolidation Subordinate Voting Shares may be different from the number set out herein, that the uplisting will not help to better position the Company to progress towards a commercial launch of Genius™ as anticipate by management, or at all and that the Company will not successfully list its Subordinate Voting Shares for trading on Nasdaq as anticipated by management or at all and other risks detailed from time to time in the filings made by the Company in accordance with securities regulations.
The story "VERSES® Announces Consolidation of Class A Subordinate Voting Shares in Preparation for a Planned Uplisting to NASDAQ" has 1388 words across 39 sentences, which will take approximately 6 - 12 minutes for the average person to read.
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