{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-26-000068","form_type":"8-K","ticker":"VRME","cik":"0001104038","company_name":"VerifyMe, Inc.","filed_at":"2026-01-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.543811+00:00","generated_at":"2026-05-16T11:37:41.468104+00:00","sec_items":["1.01","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"VerifyMe to merge with Open World; Open World shareholders to own 90% of combined company","bullets":["Letter of intent signed Jan 2, 2026; 60-day exclusivity period to negotiate definitive merger agreement.","Open World shareholders will receive ~90% of combined co.; VerifyMe holders ~10%.","Matt Shaw (Open World CEO) to become CEO & Chairman of combined co. post-close.","VerifyMe must have ≥$1M cash at close; may pay special dividend of cash above $1M.","Merger expected to close by June 30, 2026; combined co. to trade under new ticker on Nasdaq."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-26-000068","json":"https://secwatch.observer/filing/0001214659-26-000068.json","markdown":"https://secwatch.observer/filing/0001214659-26-000068.md","text":"https://secwatch.observer/filing/0001214659-26-000068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1104038/000121465926000068/0001214659-26-000068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1104038/000121465926000068/p132508k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:37:41.468104+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ff736e0503c25a3eea087ce79c07de252d90050c","claim":"VerifyMe, Inc. entered into LOI with Open World Ltd. (effective 2026-01-02).","evidence_excerpt":"On January 2, 2026, VerifyMe, Inc. (the “Company”) entered into a letter agreement (the “LOI”) with Open World Ltd., a Cayman Islands exempted company (“Open World”), regarding a proposed merger transaction.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1104038/000121465926000068/0001214659-26-000068-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Open World Ltd."},{"label":"Effective","value":"2026-01-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}