VerifyMe, Inc. filed a Certificate of Amendment with the Nevada Secretary of State to effect a reverse stock split of its common stock at a ratio of 1-for-10, effective September 29, 2026. Every ten shares will combine into one share, with fractional shares rounded up to the nearest whole share and no cash paid for fractions. The company also disclosed that a special cash dividend declared on September 18, 2026, at $0.15 per share is conditioned on the closing of its proposed merger with Open World Ltd.; if the merger closes after the split takes effect, the dividend will be adjusted to $1.50 per share. VerifyMe operates in the authentication and precision logistics technology industry.
