Thursday, July 08, 2021 3:52:33 PM
HC Wainwrights Report
Recent Acquisition Drives Accelerating Revenue Growth and Improved Consistency and Visibility; Initiating at Buy; $7 PT
Improving advertising and brand engagement through prizing and real world rewards.
Acquisition of Xcite Interactive to drive revenue acceleration beginning in 2H21.
Secular trends in digital advertising and gaming suggest a growing market for Versus’ differentiated prizing and promotion products.
Dynamic regulatory compliance provides significant barrier to potential new entrants.
Improving revenue visibility from addition of live event and software licensing should drive new investor interest.
Strengthened balance sheet reduces near-term dilution risk.
Upside in VS shares driven by accelerating revenue growth and improved visibility.
Recent VS News
- Versus Systems Receives NASDAQ Notification Regarding Minimum Stockholders’ Equity Deficiency • GlobeNewswire Inc. • 08/27/2024 09:43:09 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 06:36:54 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/08/2024 08:15:45 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/24/2024 08:01:33 PM
- Versus Systems Announces New Interim CFO • GlobeNewswire Inc. • 07/22/2024 08:05:00 PM
- Versus Systems Announces Strategic Restructuring, New Interim CEO, and Key Investor Engagement • GlobeNewswire Inc. • 07/01/2024 08:05:00 PM
- Versus Systems Announces Cancellation of Special Meeting Scheduled for May 30, 2024 • GlobeNewswire Inc. • 05/29/2024 08:05:00 PM
- Versus Systems to Participate in the 36th Annual ROTH Conference • GlobeNewswire Inc. • 03/14/2024 08:05:00 PM
- Form S-4 - Registration of securities, business combinations • Edgar (US Regulatory) • 02/16/2024 10:32:54 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 01:15:25 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/09/2024 09:04:05 PM
- Versus Systems Regains Compliance with Nasdaq Minimum Bid Price Requirement • GlobeNewswire Inc. • 01/18/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/12/2024 09:05:43 PM
- Versus Systems Announces Annual General Meeting Results • GlobeNewswire Inc. • 01/03/2024 09:05:00 PM
- Versus Systems Announces 1-For-16 Reverse Stock Split to Aid Compliance with Nasdaq Listing Requirements • GlobeNewswire Inc. • 12/22/2023 09:05:00 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 12/07/2023 08:48:31 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/06/2023 10:19:22 PM
- Versus Systems Announces Strategic Investment from Cronus Equity Capital Group, LLC • GlobeNewswire Inc. • 11/24/2023 01:30:00 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 10/20/2023 08:58:38 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM