Sep 25, 2026
VerifyMe Announces 1-for-10 Reverse Stock Split Effective September 29, 2026
VerifyMe, Inc. (NASDAQ:VRME) has announced a 1-for-10 reverse stock split of its common shares, effective September 29, 2026, at 12:01 am Eastern Time. The company's trading symbol will remain "VRME", and a previously declared special cash dividend of $0.15 per share will be adjusted to $1.50 per share, contingent on the closing of a merger with Open World Ltd.
Company relevance
100.00%
Company sentiment
Neutral
Overall sentiment
Neutral
Sep 24, 2026
VRME Stock Jumps As OpenWorld Merger And Blockchain Pivot Advance
VerifyMe Inc. (VRME) stock has risen by 7.97% due to positive sentiment surrounding its planned merger with OpenWorld and a strategic pivot towards blockchain and real-world asset tokenization. The SEC's declaration of effectiveness for VRME's Form S-4 moves the merger closer to a shareholder vote, with the company expected to rebrand as OpenWorld, Inc. (OPNW) and pursue a dual listing on Nasdaq and Figure OPEN’s on-chain equity network. A conditional $0.15 per share special dividend upon merger closing has also spurred investor interest, although shareholder-rights firms are scrutinizing the deal due to significant dilution for current VRME holders.
Company relevance
100.00%
Company sentiment
Bullish
Overall sentiment
Bullish