---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-26-001529"
form_type: "8-K"
ticker: "VRME"
cik: "0001104038"
company_name: "VerifyMe, Inc."
filed_at: "2026-02-12T23:59:59+00:00"
generated_at: "2026-05-16T02:55:10.185796+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# VerifyMe to merge with Open World; pre-merger shareholders retain ~10% of post-close entity

## Summary
- Reverse merger: Open World holders receive ~90% of combined common stock; VRME holders retain ~10%.
- CEO Adam Stedham to resign post-close, become President of Precision Logistics; Jennifer Cola stays CFO.
- ATM program with Roth Capital terminated; no shares ever sold under $15.8M facility.
- Accelerated vesting of 550K+ unvested performance RSUs for Stedham, Cola, Volk, Meyers upon merger close.

## SEC filing metadata
- accession: 0001214659-26-001529
- form_type: 8-K
- ticker: VRME
- cik: 0001104038
- company_name: VerifyMe, Inc.
- filed_at: 2026-02-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 1.02, 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1104038/000121465926001529/0001214659-26-001529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1104038/000121465926001529/z2112608k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-26-001529
- JSON: https://secwatch.observer/filing/0001214659-26-001529.json
- Plain text: https://secwatch.observer/filing/0001214659-26-001529.txt

## Key facts
- Material Agreements
  VerifyMe, Inc. entered into Agreement and Plan of Merger with Open World Ltd. (effective 2026-02-11).
  - Action: entry
  - Agreement: merger
  - Counterparty: Open World Ltd.
  - Effective: 2026-02-11
  source text: On February 11, 2026, VerifyMe, Inc., Nevada corporation (the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with VRME Subsidiary Corp., a Nevada corporation and wholly owned subsidiary of the Company (“Merger Sub”) and Open World Ltd., a Cayman Islands exempted company (“Open World”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1104038/000121465926001529/0001214659-26-001529-index.htm

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