---
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"
generated_at: "2026-05-16T11:37:41.468104+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# VerifyMe to merge with Open World; Open World shareholders to own 90% of combined company

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-26-000068
- JSON: https://secwatch.observer/filing/0001214659-26-000068.json
- Plain text: https://secwatch.observer/filing/0001214659-26-000068.txt

## Key facts
- Material Agreements
  VerifyMe, Inc. entered into LOI with Open World Ltd. (effective 2026-01-02).
  - Action: entry
  - Counterparty: Open World Ltd.
  - Effective: 2026-01-02
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1104038/000121465926000068/0001214659-26-000068-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.