Versus Systems Inc. Announces Board and Executive Changes
Ticker: VS · Form: 8-K · Filed: Nov 20, 2024 · CIK: 1701963
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
TL;DR
Versus Systems shakes up board and exec pay, effective Nov 15.
AI Summary
Versus Systems Inc. announced on November 15, 2024, changes related to its board of directors and executive compensation. The filing details the departure of certain officers and directors, the election of new directors, and adjustments to compensatory arrangements for key executives. These changes are effective as of November 15, 2024.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in directorship and executive compensation can indicate internal restructuring or strategic shifts that may carry inherent risks.
Key Players & Entities
- Versus Systems Inc. (company) — Registrant
- November 15, 2024 (date) — Effective date of changes
FAQ
What specific roles were affected by the departure of officers or directors?
The filing indicates the departure of certain officers and directors, but does not specify the exact roles in this summary section.
Who were the newly elected directors?
The filing mentions the election of new directors but does not list their names in this section.
What specific changes were made to compensatory arrangements?
The filing notes adjustments to compensatory arrangements for certain officers, but the details are not provided in this summary.
What is the effective date of these reported changes?
The effective date for all reported changes is November 15, 2024.
What is the principal executive office address for Versus Systems Inc.?
The principal executive offices are located at 2900 – 500 Burrard Street, Vancouver BC V6C 0A3 Canada.
Filing Stats: 441 words · 2 min read · ~1 pages · Grade level 11.8 · Accepted 2024-11-20 16:24:32
Filing Documents
- ea0222019-8k_versus.htm (8-K) — 27KB
- 0001213900-24-100566.txt ( ) — 239KB
- vs-20241115.xsd (EX-101.SCH) — 4KB
- vs-20241115_def.xml (EX-101.DEF) — 26KB
- vs-20241115_lab.xml (EX-101.LAB) — 36KB
- vs-20241115_pre.xml (EX-101.PRE) — 25KB
- ea0222019-8k_versus_htm.xml (XML) — 5KB
02 Departure of Directors or Certain Officers; Election of
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 15, 2024, Versus Systems, Inc.'s (the "Company") board of directors appointed Aric Spitulnik as a director of the Company. Mr. Spitulnik will serve on the board's compensation, corporate governance (nominating), and audit committees. He will chair the audit committee.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VERSUS SYSTEMS INC. Date: November 20, 2024 By: /s/ Luis Goldner Name: Luis Goldner Title: Chief Executive Officer 2