Mergers & Acquisitions ·
VerifyMe completes merger with Open World Ltd., declares $15 special dividend per share after reverse split
VRMEOpenWorld, Inc.
VerifyMe, Inc. completed a merger with Open World Ltd., resulting in the company changing its name to OpenWorld, Inc. and shifting its business focus to enterprise blockchain initiatives and digital assets. The transaction involved a one-for-ten reverse stock split and an exchange ratio of 1:77.27 for Legacy OpenWorld shareholders. Concurrently, the Board declared a special cash dividend of $15.00 per share (adjusted from $1.50 pre-split), payable on October 2, 2026, to holders of record as of September 29, 2026. The company's ticker symbol will change to OPNW on Nasdaq effective October 1, 2026. OpenWorld operates in the technology sector, specifically focusing on digital assets and blockchain innovation.