UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Item 5.02 Departure of President and Chief Operating Officer James Hendrickson.
Resignation of James Hendrickson
On June 15, 2026, James Hendrickson, the President and Chief Operating Officer of Verses AI Inc. (the “Company”) informed the Company’s Board of Directors (the “Board”) that he was resigning as the President and Chief Operating Officer effective immediately.
Mr. Hendrickson advised the Company that his resignation was due to disagreements with the Board of Directors regarding, among other matters, the Company’s compensation practices, including the non-payment of earned wages to certain W-2 employees, including himself.
The Board acknowledges receipt of Mr. Hendrickson’s resignation.
Item 8.01 Other Events.
On June 18, 2026, the Company issued a press release announcing the Company’s decision to discontinue its artificial intelligence research and development activities and refocus its efforts on evaluating and pursuing alternative business opportunities. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
Exhibits
| Exhibit No. | Description | |
| 99.1 | Press Release dated June 18, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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.
| Verses AI Inc. | ||
| June 22, 2026 | By: | /s/ James Christodoulou |
| James Christodoulou | ||
| Chief Financial Officer | ||
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