Milestone advances ahead of the 2026 annual meeting of VerifyMe stockholders on September 24, 2026
VerifyMe, Inc. (“VerifyMe”), a provider of authentication and precision logistics technologies, and Open World Ltd. (“OpenWorld”), a blockchain innovation company advancing real-world asset (“RWA”) tokenization platform globally, announced that the U.S. Securities and Exchange Commission (“SEC”) has declared effective the Registration Statement on Form S-4 (as amended, the “Registration Statement”) filed by VerifyMe in connection with the previously announced proposed business combination between VerifyMe and OpenWorld.
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The SEC’s declaration of effectiveness marks an important milestone in the proposed business combination. VerifyMe stockholders of record as of August 7, 2026 (the “Record Date”), will have the opportunity to approve the proposed business combination at VerifyMe’s 2026 annual meeting of its stockholders (“Annual Meeting”) scheduled for Thursday, September 24, 2026, at 1:00 p.m. Eastern Time, via live webcast at the following internet web address www.virtualshareholdermeeting.com/VRME2026. If the proposed business combination is approved, it is expected to close shortly thereafter, subject to the satisfaction of customary closing conditions. Upon closing, the combined company will operate under the name “OpenWorld, Inc.” and be listed and traded under the ticker symbol “OPNW.”
OpenWorld’s Recent Strategic Agreements
OpenWorld has continued to expand its position as a leading blockchain innovation company advancing RWA tokenization through a number of recent strategic agreements, including:
- The Collaboration, Joint Development and Go-to-Market Agreement for Real World Assets with Abstract Foundation to support the development and marketing of an RWA tokenization platform meeting the security and regulatory requirements of major global markets.
- The Letter of Agreement with mCloud Technologies Saudi Arabia, a Google Cloud Certified AI Enabled sustainability platform which is fully approved and running in Saudi Arabia with the world’s largest energy company designed to create a strategic partnership for developing and operating an RWA tokenization program in the Kingdom of Saudi Arabia.
- The agreements with Figure Technology Solutions, Inc. to create and enable trading of Tokenized VRME, pursuant to which OpenWorld intends to tokenize the combined company’s equity securities in connection with the proposed listing of the combined company’s common stock on Nasdaq, using Figure’s Onchain Public Equity Network.
- The non-binding Memorandum of Understanding regarding a collaboration that aims to design, build, and deploy a fully tokenized reward point system for resort properties in the Emirate of Ras Al-Khaimah, UAE.
- The non-binding Letter of Intent (“JOLT LOI”) with Jolt Charge USA Inc. (“JOLT USA”), a subsidiary of Jolt Charge Holding Pty Ltd (“Jolt HoldCo”, and together with its subsidiaries, “JOLT”) to commence a strategic partnership pursuant to which OpenWorld expects to deploy technology, structuring, and other financial advisory-related services to JOLT in connection with its electric vehicle charging business, including services related to a potential tokenized capital-raising structure to fund the roll-out of new electric vehicle chargers or the progressive upgrade of JOLT’s electric charger fleet over time.
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