Item 5. Market for Registrant’s Common Equity
ITEM
5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES
Market
Information for Common Shares and Unit A Warrants
Our common shares are presently quoted on Nasdaq, under the symbol
“VS”. On April 13, 2026, the closing price of our common shares on Nasdaq was $1.06. The Company's Unit A Warrants expired
and were removed from trading on Nasdaq in January 2026.
Holders
As
of December 31, 2025, the registrar and transfer agent for our common shares reported that there were 4,901,677 common shares issued
and outstanding. Of these, 5,649 were registered to Canadian residents, including 5,260 common shares held by
Computershare as trustee on behalf of shareholders who have not yet exchanged their shares. 4,870,103 of our common shares were
registered to residents of the U.S., including 1,718,485 common shares registered to CEDE & Co., which is a nominee of
Depository Trust Company. The 4,870,103 common shares were registered to 72 shareholders in the U.S., one of which is
CEDE & Co. 25,925 of our common shares, held by three Shareholders, were registered to residents of other foreign
countries.
Dividends
We
have not declared any common share dividends to date. We have no present intention of paying any cash dividends on our common shares
in the foreseeable future, as we intend to use earnings, if any, to generate growth. The payment by us of dividends, if any, in the future,
is within the discretion of our board of directors and will depend upon, among other things, our earnings, capital requirements and financial
condition, as well as other relevant factors. There are no material restrictions in our articles that restrict us from declaring dividends.
Equity
Compensation Plan Information
The
following table provides information as of December 31, 2025, regarding our compensation plans under which equity securities are authorized
for issuance:
Plan
category
Number of
Securities to be
Issued Upon
Exercise of
Outstanding
Options
Warrants and
Rights
Weighted-
Average
Exercise
Price of
Outstanding
Options
Warrants and
Rights
Number
of
Securities
Remaining
Available
for Future
Issuance
Under Equity
Compensation
Plans (Excluding
Securities
Reflected in
Column (a))
(a)
(b)
(c)
Equity compensation
plans approved by security holders
401,557
$ 2.57
373,347
Equity
compensation plans not approved by security holders
—
—
—
Total
401,557
$ 2.57
373,347
ITEM
6. RESERVED
None.
28
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.