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VerifyMe outlines OpenWorld merger, blockchain stock plan

VerifyMe details a conditional Blockchain Common Stock class to enable future trading of the post-merger company’s equity on Figure’s OPEN network alongside its Nasdaq listing.

(High)
(Neutral)
Form Type
425

Rhea-AI Filing Summary

VerifyMe, Inc. (VRME) outlined how proposed charter amendments tied to its pending merger with Open World Ltd. would enable the combined company’s equity to trade both on Nasdaq and on Figure’s On-chain Public Equity Network ("OPEN"). VerifyMe stockholders of record as of August 7, 2026 may vote at the virtual annual meeting on September 24, 2026 on the merger share issuance and on a "Blockchain Common Stock" class that is conditioned on the merger closing. The Blockchain Common Stock Proposal would not change shares owned at closing, and no Blockchain Common Stock would be issued at that time; it would only authorize the ability to make existing common stock available in blockchain form on Figure OPEN in the future, subject to further board action and regulatory and trading venue requirements. If the merger and related proposals are approved and customary conditions are met, the combined company is expected to operate as OpenWorld, Inc. and trade under the ticker "OPNW," while pursuing a dual presence on Nasdaq and Figure OPEN.

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Record date for voting August 7, 2026 VerifyMe stockholders of record on this date may vote on the merger and charter amendments
Annual meeting date and time September 24, 2026, 1:00 p.m. Eastern Time Virtual meeting where VerifyMe stockholders will vote on the merger-related proposals
Projected tokenized asset market size $5.5 trillion Base case projection for the tokenized asset market by 2030 cited from a Citigroup report
Aggregate network value of projects advised by OpenWorld $66 billion Total aggregate network value of projects OpenWorld has advised on since 2023
Number of companies supported by OpenWorld More than 20 companies Count of companies OpenWorld has supported that are backed by global venture firms
Founding year of OpenWorld 2023 Year OpenWorld was founded as a blockchain innovation and digital assets company
Blockchain Common Stock financial
"would authorize a new class of Blockchain Common Stock — the mechanism required"
Figure's On-chain Public Equity Network financial
"bring the combined company's equity to Figure's On-chain Public Equity Network"
tokenized asset market financial
"with the tokenized asset market projected to reach $5.5 trillion by 2030"
decentralized lending pools financial
"as well as access to Figure’s decentralized lending pools"
proxy statement/prospectus regulatory
"more fully described in the section “Proposal No. 6" in VerifyMe’s 424(b)(3) proxy statement/prospectus"
A proxy statement or prospectus is a document that companies send to shareholders to provide important information about upcoming decisions or investments, such as voting on company issues or offering new shares to the public. It helps investors understand the details and risks involved, enabling them to make informed choices about their ownership or involvement with the company.
registration statement on Form S-4/A regulatory
"following the effectiveness of VerifyMe’s registration statement on Form S-4/A"

FAQ

What merger is VerifyMe (VRME) updating investors on in this Form 425?

VerifyMe is providing an update on its proposed merger with Open World Ltd., under which the combined company is expected to operate as OpenWorld, Inc. and, subject to approvals, trade under the ticker "OPNW" following closing.

What is the Blockchain Common Stock Proposal for VRME and how does it affect existing shares?

The Blockchain Common Stock Proposal would authorize a new class of Blockchain Common Stock to enable trading on Figure OPEN. It does not change shares VerifyMe stockholders own at merger closing, and no Blockchain Common Stock is issued at closing.

Will the combined company’s equity trade on Figure’s On-chain Public Equity Network (OPEN)?

The proposal would allow the combined company to make its existing common stock available in blockchain form for trading on Figure OPEN in the future, but any issuance of Blockchain Common Stock would require further board action and compliance with applicable securities and trading venue requirements.

How large is the tokenized asset market opportunity cited in the VerifyMe (VRME) filing?

The filing references a Citigroup analysis projecting the tokenized asset market could reach about $5.5 trillion by 2030 in a base case scenario, providing context for OpenWorld’s focus on real-world asset tokenization and blockchain-based capital markets.

What experience does OpenWorld bring to the combined company with VerifyMe (VRME)?

Since its founding in 2023, OpenWorld has advised on projects representing over $66 billion in aggregate network value and supported more than 20 companies backed by major venture firms, with capabilities in tokenization, stablecoin infrastructure, and public markets strategy.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Filed by VerifyMe, Inc.

pursuant to Rule 425 under the Securities Act of 1933

and deemed filed pursuant to Rule 14a-6

under the Securities Exchange Act of 1934

Subject Company: VerifyMe, Inc.

Commission File Number of Related Registration Statement: 333-295079

Subject Company: Open World Ltd.

Date: September 9, 2026

 

 

VerifyMe Provides Update on OpenWorld Merger Ahead of September 24 Shareholder Vote

 

Charter amendments before stockholders would enable access to Figure’s blockchain-native settlement

 

Lake Mary, FL — September 9 , 2026 — VerifyMe, Inc. (NASDAQ: VRME) (“VerifyMe”), a provider of authentication and precision logistics technologies, and Open World Ltd. (“OpenWorld”), a blockchain innovation company advancing global real-world asset tokenization, today provided additional information regarding the proposed charter amendments that would bring the combined company's equity to Figure's On-chain Public Equity Network ("OPEN") alongside its Nasdaq listing, in connection with the companies' proposed merger, more fully described in the section “Proposal No. 6: The Blockchain Common Stock Proposal” in VerifyMe’s 424(b)(3) proxy statement/prospectus filed with the U.S. Securities and Exchange Commission (the “SEC”) on August 14, 2026 (the “Proxy Statement/Prospectus”), following the effectiveness of VerifyMe’s registration statement on Form S-4/A on August 12, 2026 (the “Registration Statement”).

 

VerifyMe stockholders of record as of August 7, 2026, are entitled to vote on the proposals set forth in the Proxy Statement/Prospectus at VerifyMe’s annual meeting which will be held virtually on Thursday, September 24, 2026, at 1:00 p.m. Eastern Time via live webcast at www.virtualshareholdermeeting.com/VRME2026 (the “Annual Meeting”).

 

VerifyMe and OpenWorld expect to close the merger shortly following the Annual Meeting if VerifyMe stockholders approve the first proposal at the meeting, more fully described in the section “Proposal No. 1: The Share Issuance Proposal” in the Proxy Statement/Prospectus, subject to the satisfaction of remaining customary closing conditions. Upon closing, the combined company is expected to operate as OpenWorld, Inc. and to commence trading under the ticker symbol “OPNW”, subject to Nasdaq approval and official notice of issuance.

 

   
 

 

Expanding Access Through Figure OPEN

 

The charter amendments before VerifyMe stockholders are subject to and conditioned upon the consummation of the merger and would authorize a new class of Blockchain Common Stock — the mechanism required to bring the combined company’s equity to Figure OPEN alongside its Nasdaq listing.

 

The proposed listing builds on OpenWorld’s previously announced agreement with Figure Technology Solutions, Inc. and comes amid growing adoption of onchain public equities, with the tokenized asset market projected to reach $5.5 trillion by 2030 in a base case scenario1.

 

OpenWorld believes pairing the Nasdaq listing of the combined company with extended trading hours through Figure OPEN will position the combined company to participate in the shift toward more continuous and globally accessible public markets. The momentum in tokenization of equities broadly is driven by the technology’s ability to provide shareholders with greater flexibility and access by extending trading beyond standard U.S. market hours. Digitally native equities on Figure OPEN benefit from features associated with blockchain-based securities, including more efficient settlement and enhanced transparency, as well as access to Figure’s decentralized lending pools.

 

The Blockchain Common Stock Proposal would not change the shares VerifyMe stockholders own at the time of the merger, and no Blockchain Common Stock would be issued when the merger closes. Instead, the proposal would give the combined company the ability to make its existing common stock available in a blockchain-based form for trading on Figure OPEN in the future.

 

Any future issuance of Blockchain Common Stock would require further action by the combined company’s board of directors and compliance with applicable securities laws and trading venue requirements. The proposal is separate from the shares being issued to OpenWorld securityholders in connection with the merger.

 

__________________________

 

1 Citigroup Tokenization 2030 Report

 

   
 

 

Shareholder Vote

 

VerifyMe encourages stockholders of record to review the Proxy Statement/Prospectus and Registration Statement for complete information regarding the merger and the proposals being considered at the Annual Meeting and to submit their votes as soon as possible so they can be counted ahead of the September 24 meeting.

 

About OpenWorld

 

OpenWorld is a technology-powered digital assets and blockchain innovation company that co-architects and takes principal positions in enterprise blockchain initiatives alongside sovereign governments, institutional partners, and major enterprises. Since its founding in 2023, OpenWorld has advised on projects representing over $66 billion in aggregate network value and supported more than 20 companies backed by leading global venture firms, including a16z, Multicoin Capital, Dragonfly, and Founders Fund. OpenWorld’s capabilities span real-world asset tokenization, stablecoin infrastructure, capital markets advisory, governance structuring, and public markets strategy, with active engagements across the Gulf, Europe, Australia, and Southeast Asia. To learn more, visit openworld.dev

 

About VerifyMe, Inc.

 

VerifyMe provides specialized logistics for time and temperature-sensitive products, as well as brand protection and enhancement solutions. To learn more, visit https://www.verifyme.com

 

No Offer or Solicitation

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

 

   
 

 

Forward-Looking Statements

 

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “believes,” “continue,” “expect,” “plan,” “could,” “commence,” “may,” “will,” “shall,” “should,” “upon,” “would,” and other words of similar meaning. Examples of forward-looking statements include, among others, statements regarding the proposed business combination between OpenWorld and VerifyMe, the anticipated timing, structure and benefits thereof, including the timing of closing after the Annual Meeting; the name and trading symbol of the combined company following closing of the proposed merger; whether the combined company’s equity securities will be successfully tokenized on Figure OPEN, the anticipated benefits thereof and whether any such anticipated benefits will be achieved; and the anticipated listing of the combined company on Nasdaq. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Actual results and outcomes may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results and outcomes to differ materially from those indicated in the forward-looking statements include, among others, the following: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the merger agreement or could otherwise cause the transaction to fail to close, including the failure to obtain stockholder approval necessary to complete the merger; (2) the institution or outcome of any legal proceedings that may be instituted against VerifyMe or OpenWorld following the announcement of the merger agreement and the transactions contemplated therein; (3) the inability of the parties to complete the proposed business combination, including due to failure to obtain approval of the securityholders of VerifyMe, certain regulatory approvals, or satisfy other conditions to closing in the merger agreement; (4) the risk that the proposed business combination disrupts current plans and operations as a result of the time it diverts from management and the consummation of the proposed business combination; (5) the ability to recognize the anticipated benefits of the proposed business combination; (6) the risk that tokenized securities may face increased regulatory scrutiny and may not be broadly accepted by the market; (7) costs related to the proposed business combination; (8) changes in applicable laws or regulations; and (9) the risks and uncertainties identified under VerifyMe’s Annual Report on Form 10-K, as well as other information VerifyMe has or may file with the SEC from time to time.

 

VerifyMe cautions investors not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read VerifyMe’s filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements speak only as of the date of this document, and VerifyMe undertakes no obligation to update or revise any of these statements except as required by applicable law. VerifyMe’s business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should consider these risks and uncertainties. VerifyMe does not give any assurance that VerifyMe or OpenWorld will achieve its expectations by the transactions contemplated in the merger agreement or otherwise.

 

   
 

 

Important Additional Information and Where to Find It

 

In connection with the proposed transaction, VerifyMe filed the Registration Statement to register the shares of VerifyMe common stock to be issued in connection with the proposed merger. The Registration Statement includes a proxy statement/prospectus and was declared effective by the SEC on August 12, 2026. VerifyMe has mailed the Proxy Statement/Prospectus filed with the SEC on August 14, 2026, to VerifyMe stockholders seeking their approval of the proposals set forth therein at the Annual Meeting. The merger agreement and the agreements and forms of agreements described in the Proxy Statement/Prospectus and Registration Statement should not be read alone but should instead be read in conjunction with the other information regarding the merger agreement, VerifyMe, OpenWorld, and their respective affiliates and respective businesses, that are contained in, or incorporated by reference into, the Proxy Statement/Prospectus and Registration Statement as well as in the Forms 10-K, Forms 10-Q and other filings that VerifyMe makes with the SEC. INVESTORS AND STOCKHOLDERS OF VERIFYME ARE URGED TO READ THE REGISTRATION STATEMENT AND THE RELATED PROXY STATEMENT/PROSPECTUS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS AND ANY OTHER RELEVANT DOCUMENTS TO BE FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTION CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT VERIFYME, OPENWORLD, THE MERGER AND RELATED MATTERS.

 

Investors and stockholders of VerifyMe can obtain free copies of the Registration Statement, Proxy Statement/Prospectus, and other documents filed by VerifyMe with the SEC (when they become available) through the website maintained by the SEC at www.sec.gov. In addition, VerifyMe stockholders of record may obtain at no cost, upon written request, a copy of VerifyMe’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (without exhibits), as filed with the SEC, with exhibits thereto being made available, upon written request and payment to VerifyMe of the reasonable costs of reproduction and mailing, if any, by contacting VerifyMe by mail at VerifyMe, Inc., 801 International Parkway, Fifth Floor, Lake Mary, Florida 32746, Attention: Corporate Secretary. Investors and stockholders of VerifyMe are urged to read the Registration Statement, Proxy Statement/Prospectus, and the other relevant materials when they become available and before making any investment decision with respect to the proposed merger.

 

   
 

 

Participants in the Solicitation

 

VerifyMe and certain of its directors and executive officers may be deemed to be participants in the solicitation of proxies from VerifyMe stockholders with respect to the Annual Meeting and the proposed merger transaction under the rules of the SEC. Information about VerifyMe directors and executive officers and their ownership of VerifyMe securities is set forth in the Proxy Statement/Prospectus, as well as other information VerifyMe has or may file with the SEC from time to time. Additional information regarding the identity of participants in the solicitation of proxies, and a description of their direct or indirect interests in the proposed transaction, by security holdings or otherwise, is set forth in the Proxy Statement/Prospectus and other materials filed with the SEC in connection with the proposed transaction when they become available.

 

Contacts

 

Company: OpenWorld Ltd.

 

Email: OpenWorld@gasthalter.com

 

Company: VerifyMe, Inc.

 

Email: IR@verifyme.com

 

 

 

 

 

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