secwatch.observer — SEC 8-K summary
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Issuer:     VerifyMe, Inc. (VRME)
CIK:        0001104038
Form:       8-K/A
Filed at:   2026-10-02T12:00:25+00:00
Accession:  0001214659-26-012449
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.01, 5.01, 5.02
LLM model:  deepseek-v4.1-flash:cloud@v2

OpenWorld 8-K/A corrects Legacy OpenWorld merger share and warrant counts
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- Amendment corrects Legacy OpenWorld equityholders' shares to 11,686,124 from 11,621,124 and warrants to 300,000 from 100,000.
- Merger closed Sept 30, 2026; Legacy OpenWorld ordinary shares converted at 1:77.27; combined company has ~13,407,360 shares outstanding and 16,048,110 fully diluted.
- Legacy OpenWorld holders own ~85.48% fully diluted; VerifyMe holders ~10%; Maxim Partners received 361,082 shares and owns ~2.25%.
- OPNW begins trading on Nasdaq on Oct 1, 2026; ~76% of post-merger shares subject to transfer restrictions released 10% at close, then 25%/40%/60%/80%/100% by Day 180.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1104038/000121465926012449/0001214659-26-012449-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1104038/000121465926012449/z1022618ka1.htm
  HTML page:      https://secwatch.observer/filing/0001214659-26-012449

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer