VerifyMe, Inc. (VRME) reports that Adam H. Stedham, President, Precision Logistics, had 55,000 restricted stock units vest on September 30, 2026, converting one-for-one into common stock. 18,590 shares were withheld to cover tax obligations. Separately, 2,860 vested RSUs become payable in common shares upon separation from service. The reported figures reflect a 1-for-10 reverse stock split effected September 29, 2026.
VerifyMe, Inc. (VRME) amended its merger disclosure to correct the Legacy OpenWorld holders’ share issuance from 11,621,124 to 11,686,124 shares and the warrants for certain business partners and consultants from 100,000 to 300,000 underlying shares. The merger closed September 30, 2026; Legacy OpenWorld became a wholly owned direct subsidiary, and VerifyMe’s business became primarily Legacy OpenWorld’s business.
Immediately after closing, the combined company had approximately 13,407,360 shares issued and outstanding and 16,048,110 shares issuable on a fully diluted basis. VerifyMe effected a one-for-ten reverse stock split on September 29, 2026, and the name change to OpenWorld was scheduled to take effect October 1, 2026. Transfer restrictions covered shares representing approximately 76% of post-merger shares outstanding, with releases scheduled at stated milestones through Day 180.
VerifyMe, Inc. completed its business combination with Open World Ltd. on October 1, 2026. The combined company’s name change to OpenWorld, Inc. is effective October 1, and its common stock is expected to begin trading on Nasdaq under “OPNW” at market open. Matthew Shaw will serve as chairman and chief executive officer, with Russ McMeekin as group president.
OpenWorld intends to pursue a dual listing on Figure OPEN, a blockchain-based trading platform, which the company expects to have live by November 2026. OpenWorld says it provides financial structuring and blockchain infrastructure for institutional real-world asset issuance and distribution. Since its founding in 2023, it says it has advised on projects representing over $66 billion in aggregate network value and supported more than 20 companies. VerifyMe’s described services include specialized logistics for time- and temperature-sensitive products and brand protection and enhancement solutions. OpenWorld identifies merger-benefit realization, transaction and public-company costs, digital-asset regulation and market volatility, financing, and Nasdaq listing requirements among factors that could affect future outcomes.
VerifyMe, Inc. (VRME) disclosed that former VP Fred Volk III’s 7,500 restricted stock units vested and converted into 7,500 common shares on September 30, 2026, on a one-for-one basis. The transaction records 2,711 common shares withheld to cover tax obligations upon vesting, at a reported $8.14 per share. The reported figures reflect VerifyMe’s 1-for-10 reverse stock split effected on September 29, 2026.
VerifyMe, Inc. former SVP Jack Wang reported that 7,500 restricted stock units vested and converted one-for-one into 7,500 common shares on September 30, 2026. Upon vesting, 2,224 shares were withheld for tax obligations at a reported $8.14 per share. The reported figures reflect VerifyMe's 1-for-10 reverse stock split effected September 29, 2026.
VerifyMe, Inc. former director David Bruce Edmonds converted 3,500 restricted stock units into 3,500 common shares on September 30, 2026, when the units vested on a one-for-one basis. After the conversion, he directly held 15,467 common shares and 0 restricted stock units. The reported figures reflect the 1-for-10 reverse stock split effected September 29, 2026.
VerifyMe, Inc. director Scott N. Greenberg reported the disposition of 3,500 restricted stock units and acquisition of 3,500 common shares in a one-for-one conversion on September 30, 2026. He reported 10,902 directly held common shares, including 6,831 vested RSUs payable one-for-one in common shares upon separation from director service, and 17,557 common shares held indirectly through Scott Greenberg Revocable Trust. His reported warrant is for 1,556 underlying common shares, has a $32.15 exercise price, and expires October 14, 2027. All figures reflect the issuer's 1-for-10 reverse stock split effected September 29, 2026.
VerifyMe, Inc. President, Precision Logistics Adam H. Stedham reported that 55,000 restricted stock units vested and converted one-for-one into 55,000 common shares on September 30, 2026. He also had 18,590 shares withheld to cover tax withholding obligations on the RSU vesting; the transaction lists $8.14 per share. The reported share figures reflect the issuer’s 1-for-10 reverse stock split effected September 29, 2026.
VerifyMe, Inc. Chief Financial Officer Jennifer L. Cola reported that 2,400 restricted stock units vested on September 30, 2026, converting one-for-one into common shares; the reported RSU position afterward was zero. Cola also received a grant of 13,000 restricted shares under the 2020 Equity Incentive Plan, which vested upon grant. The company withheld 894 shares for taxes on the RSU vesting and 4,841 shares for taxes on the restricted-share vesting; both entries are reported at $8.14 per share. The reported figures reflect VerifyMe’s 1-for-10 reverse stock split effected September 29, 2026.
VerifyMe, Inc. completed its merger with Open World Ltd. on September 30, 2026; Legacy OpenWorld survived as a wholly owned subsidiary, and the combined company’s business became primarily Legacy OpenWorld’s business. Legacy OpenWorld equity holders were issued 11,621,124 common shares and owned approximately 85.48% of fully diluted equity. Immediately after closing, the combined company had approximately 13,407,360 shares outstanding and 16,048,110 shares issuable on a fully diluted basis.
The name change to OpenWorld, Inc. is effective October 1, 2026, when common stock will begin trading as OPNW. VerifyMe effected a one-for-ten reverse stock split on September 29, 2026. Transfer restrictions cover shares representing approximately 76% of post-merger shares outstanding, with scheduled releases through Day 180. The previously declared special cash dividend of $1.50 per share, adjusted by the reverse split ratio, is payable October 2, 2026, to holders of record September 29, 2026.
Matthew Shaw became CEO and board chair; Jennifer Cola continued as CFO, Russel McMeekin became Global Corporate President, and Gerard Hernandez became Chief Accounting Officer.