Mergers & Acquisitions ·
OpenWorld completes merger with Legacy OpenWorld, adopting ticker OPNW and reverse split
VRMEOpenWorld, Inc.
OpenWorld, Inc., formerly VerifyMe, Inc., completed a merger with Legacy OpenWorld on September 30, 2026, becoming a technology-powered digital assets and blockchain innovation company. The transaction involved a one-for-ten reverse stock split of VerifyMe's common stock prior to closing. Each ordinary share of Legacy OpenWorld converted into 1.294 shares of the combined entity at an exchange ratio of 1:77.27, resulting in approximately 13.4 million shares outstanding. Holders of Legacy OpenWorld equity received 11,686,124 shares and assumed options for 2,096,093 additional shares, owning roughly 85.48% of the fully diluted equity. Trading under ticker OPNW on Nasdaq began October 1, 2026. Approximately 76% of post-merger shares are subject to transfer restrictions releasing over a six-month period based on stock price performance or time-based vesting schedules.