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Form 8-K

sec.gov
VS The article is a Form 8-K filing, which is a report of unscheduled material events or corporate changes. It does not contain any sentiment-driving information about the company's performance or outlook.

8-K — Versus Systems Inc.

Accession: 0001213900-26-081070

Filed: 2026-07-24

Period: 2026-07-23

CIK: 0001701963

SIC: 7374 (SERVICES-COMPUTER PROCESSING & DATA PREPARATION)

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — ea0298682-8k_versus.htm (Primary)

EX-99.1 — PRO FORMA BALANCE SHEET (ea029868201ex99-1.htm)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities

Exchange Act of 1934

Date of Report (Date of earliest event reported):

July 23, 2026

VERSUS SYSTEMS INC.

(Exact name of registrant as specified in its charter)

Delaware

001-39885

46-4542599

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

3500 South DuPont Hwy.

Dover, DE 19901

(Address of principal executive offices, including Zip Code)

Registrant’s telephone number, including

area code: (604) 639-4457

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant

to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Shares

VS

The Nasdaq Capital Market

Indicate by check mark whether the registrant is

an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities

Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company,

indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial

accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure.

As disclosed in a Form 8-K filed on April 29,

2026, the Nasdaq Stock Market, LLC (“Nasdaq”) issued a deficiency letter to Versus Systems, Inc. (the “Company”),

also on April 29, 2026. The basis of the letter was that as of December 31, 2025, Versus Systems, Inc. did not maintain a minimum of $2,500,000

in stockholders’ equity as required for continued listing by Nasdaq Listing Rule 5550(b)(1).

As disclosed in a Form 8-K filed on June 26, 2026,

on that date, the Company consummated the transaction contemplated by its Stock Purchase Agreement with ASPIS Cyber Technologies, Inc.

(“ACT”) dated April 15, 2026. Specifically, the Company issued 1,310,969 shares of Company common stock for total consideration

of $1,700,000.

In addition, on May 15, 2026, ACT renewed and

extended its Technology License and Software Development Agreement with the Company. Pursuant to this amendment, the Company delivered

a functional license for its gamification, engagement, and QR code technology, and ACT will pay the Company a license fee of $165,000

per month through at least January 31, 2027. Since the license is a functional license and the performance obligation was satisfied upon

delivery, the Company recognized the entire transaction price of $1,485,000 as revenue in the quarter ended June 30, 2026.

As a result of these transactions, as of the date

of this Form 8-K, the Company believes it has regained compliance with the stockholders’ equity requirement. The Company’s

compliance is illustrated in the pro forma balance sheet, giving effect to such transactions as of June 30, 2026, filed herewith as Exhibit

99.1.

Nasdaq has advised the Company that Nasdaq will

continue to monitor the Company’s ongoing compliance with the stockholders’ equity requirement and, if at the time of its

next periodic report, the Company does not evidence compliance, that it may be subject to delisting.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description

99.1

Pro Forma Balance Sheet

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

1

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: July 23, 2026

By:

/s/ Luis Goldner

Name:

Luis Goldner

Title:

Chief Executive Officer

2

EX-99.1 — PRO FORMA BALANCE SHEET

EX-99.1

Filename: ea029868201ex99-1.htm · Sequence: 2

Exhibit 99.1

Versus Systems Inc.

Consolidated Statements of Financial Position -

Forecast

(Expressed in US Dollars)

March

31,

2026

Proforma

Adjustments

June 30,

2026

Unaudited

Unaudited

Unaudited

($)

($)

($)

ASSETS

Cash

422,903

938,811 (1)

1,361,714

Accounts Receivable

193,300

1,226,700 (2)

1,420,000

Prepaids

106,750

(15,461 )

91,289

Promissory Note

-

-

-

Total current assets

722,953

2,150,050

2,873,003

Non-Current assets

Intangible assets

936,000

327,000

1,263,000

Total Assets

1,658,953

2,477,050

4,136,003

LIABILITIES AND EQUITY

Current liabilities

Accounts payable and accrued liabilities

459,340

273,057

732,397

Total current liabilities

459,340

273,057

732,397

Total liabilities

459,340

273,057

732,397

Stockholders’ equity

Stockholders’ Equity

1,199,613

2,203,993

3,403,606

Total Stockholders’ equity

1,199,613

2,203,993

3,403,606

(1) Represents $1,700,000 in proceeds from sale of common stock

pursuant to the Stock Purchase Agreement with ASPIS Cyber Technologies, Inc (ACT), offset by cash payments and receipts related to operating

income and expenses.

(2) Represents $1,485,000 of revenue recognized pursuant to ACT’s

renewal and extension of its Technology License and Software Development Agreement with the Company offset by payments and adjustments.

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Entity Address, Address Line One

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