Welcome to our dedicated page for VerifyMe news (Ticker: VRME), a resource for investors and traders seeking the latest updates and insights on VerifyMe stock.
VerifyMe, Inc. reports company developments tied to its logistics and brand-protection businesses. The company operates Precision Logistics for time- and temperature-sensitive parcel management, including healthcare and food markets, and an Authentication segment focused on anti-counterfeit and brand protection solutions.
Recurring VRME news includes operating and financial results, material agreements, shareholder voting matters, governance updates, capital-structure disclosures, and Nasdaq listing-rule compliance notices. Company updates also address public-company events that affect its common stock, reporting status, and corporate governance.
VerifyMe (VRME) plans a 1-for-10 reverse stock split effective September 29, 2026, with split-adjusted trading starting that morning. Every 10 issued and outstanding common shares will become one share. The stock will continue trading on Nasdaq under VRME, and the number of authorized common shares will not change.
A previously declared special cash dividend of $0.15 per share will be adjusted to $1.50 per share after the split. The dividend is payable only if VerifyMe’s proposed merger with Open World closes; that merger remains subject to stockholder approval and other closing conditions. Percentage ownership interests will remain unchanged after the split.
VerifyMe (VRME) is urging shareholders to vote “FOR” Proposal 6 at the September 24, 2026 Annual Meeting to authorize the Blockchain Common Stock Proposal, which would enable initial steps toward listing the combined company’s equity on Figure Technology Solutions’ Onchain Public Equity Network (“Figure OPEN”) following the proposed merger with Open World Ltd. (“OpenWorld”).
The Figure OPEN listing is intended to complement, not replace, the combined company’s anticipated Nasdaq listing, giving eligible investors another venue to acquire, hold, and trade shares. The Figure OPEN listing is expected to offer expanded market access, potential liquidity benefits, around-the-clock trading, and faster and more transparent onchain settlement while the combined company remains subject to SEC reporting, corporate governance standards, and investor protections applicable to its anticipated Nasdaq listing.
VerifyMe (VRME) has declared a special cash dividend of $0.15 per share, conditional on closing its proposed merger with Open World Ltd. under the existing merger agreement. The dividend is to be distributed pro-rata to holders of common stock and Series B convertible preferred stock on an as-converted basis.
Subject to completion of the merger, the dividend is expected to be payable on October 2, 2026 to stockholders of record as of the close of business on September 29, 2026. The merger remains subject to stockholder approval at VerifyMe’s Annual Meeting and other closing conditions. VerifyMe urges shareholders to review the effective Registration Statement on Form S-4/A and related Proxy Statement/Prospectus for full details of the merger proposals and to submit their votes ahead of the September 24, 2026 meeting.
VerifyMe (VRME) is urging shareholders to vote “FOR” Proposal 6, the Blockchain Common Stock Proposal, ahead of its September 24, 2026 Annual Meeting.
Approval would authorize a new class of Blockchain Common Stock, providing the corporate mechanism needed to bring the equity of the combined VerifyMe–Open World Ltd. company onto Figure Technology Solutions’ Onchain Public Equity Network (Figure OPEN), alongside the combined company’s anticipated Nasdaq listing after the proposed merger closes. The company highlights expected benefits of a Figure OPEN listing for eligible investors, including additional market access, potential liquidity enhancement, 24/7 trading and faster, more transparent onchain settlement, while maintaining a traditional Nasdaq listing. Shareholders can vote by Internet, telephone, mail, through the proxy solicitor Advantage Proxy, or during the virtual meeting, with online and phone voting deadlines of 11:59 p.m. Eastern Time on September 23, 2026.
VerifyMe (VRME) and Open World Ltd. provided an update on proposed charter amendments tied to their pending merger and the September 24, 2026 shareholder vote. VerifyMe stockholders of record as of August 7, 2026 may vote at the virtual annual meeting on September 24 at 1:00 p.m. Eastern Time via webcast at www.virtualshareholdermeeting.com/VRME2026. If stockholders approve the share issuance proposal and remaining customary closing conditions are satisfied, the merger is expected to close shortly after the meeting, with the combined company operating as OpenWorld and trading under the ticker “OPNW,” subject to Nasdaq approval.
The charter amendments, which would take effect only if the merger closes, would authorize a new class of Blockchain Common Stock to enable the combined company’s equity to trade on Figure’s On-chain Public Equity Network (OPEN) alongside its Nasdaq listing. Existing VerifyMe shares would be unchanged at merger close, and no Blockchain Common Stock would be issued at that time; any future issuance would require board action and compliance with applicable securities and trading rules.
VerifyMe (NASDAQ: VRME) and OpenWorld announced that the U.S. SEC has declared effective VerifyMe’s Form S‑4 Registration Statement for their previously announced proposed business combination. VerifyMe stockholders of record on August 7, 2026 may vote on the deal at the 2026 annual meeting on September 24, 2026, held via live webcast.
If approved, the merger is expected to close shortly thereafter, subject to customary conditions. The combined company is planned to operate as “OpenWorld, Inc.” and be listed on Nasdaq under the ticker “OPNW”. The release also highlights OpenWorld’s recent strategic agreements in real‑world asset tokenization and notes that OpenWorld has advised on projects representing over $66 billion in aggregate network value.
VerifyMe (NASDAQ: VRME) reported Q2 2026 revenue of $1.9 million, down 58% from $4.5 million in Q2 2025, mainly due to the loss of ProActive services revenue following the September 2025 termination of its prior carrier partner agreement.
Q2 2026 gross profit was $1.0 million with a 54% margin, versus $1.6 million and 35% a year earlier, reflecting a different mix of ProActive and Premium services. Net loss widened to $0.5 million, or ($0.04) per diluted share, compared to a $0.3 million loss, or ($0.02) per share, in Q2 2025. Adjusted EBITDA was approximately $0.0 million, versus $0.3 million in Q2 2025.
For the first six months of 2026, revenue was $3.7 million versus $9.0 million in 2025, with a net loss of $1.2 million. As of June 30, 2026, VerifyMe reported $5.1 million in cash, $4.7 million in working capital, and 13.2 million shares outstanding, and noted higher legal expenses related to its proposed merger and ongoing transition to a new strategic shipping partner with newly launched Premium services.
PeriShip (VRME) highlights how its in-house weather forecasting helps shippers of perishable, time-sensitive goods manage risk during record-breaking summer heat across the South and Southwest.
Proprietary tools provide 24–48 hour advance warnings, zip code blocking reports, and transit-hub forecasts so clients can adjust routes, schedules, and customer communications.
VerifyMe (NASDAQ: VRME) reported Q1 2026 revenue of $1.8 million, down from $4.5 million in Q1 2025, mainly from lost ProActive services after a prior carrier agreement ended. Gross profit was $1.0 million with a 54% margin versus 33% a year ago.
Net loss was $0.7 million or $0.05 per diluted share; adjusted EBITDA was ($0.1) million. VerifyMe held $3.5 million cash and $5.1 million working capital on March 31, 2026, and received an additional $2.1 million loan repayment on May 11, 2026.
OpenWorld plans to tokenize its equity on Figure's OPEN Onchain Public Equity Network while pursuing a proposed NASDAQ listing and a merger with VerifyMe (VRME). OpenWorld also intends to use Figure Forge to bring private credit assets onchain and access Figure’s Democratized Prime marketplace.
The agreement aims to pilot tokenization on OpenWorld’s balance sheet, offering real-time settlement, lower costs, and blockchain-native shareholder features such as direct ownership, lending, and cross-collateralization.