U.S. Stock Market News | Versus Systems skyrockets over 600% after reaching a significant agreement with ASPIS Company

On Wednesday, Versus Systems surged over 600% after opening, reaching a 430% increase to $6.09 at the time of publication. On the news front, on October 16th, Versus Systems announced two important agreements with Aspis Cyber Technologies, Inc. ("ASPIS"). The first agreement is a commercial financing agreement, stipulating 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 technologies to integrate them into its network security products. These agreements are aimed at meeting the company's requirement to maintain a minimum of $2.5 million in shareholders' equity to continue listing on the Nasdaq capital market, ensuring compliance at least until September 30, 2025