TLDR
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VRME drops to $0.9950 as VerifyMe signs Open World merger agreement
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VerifyMe exits ATM program and targets new Nasdaq ticker after merger pact
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Open World merger aims to build regulated RWA tokenization infrastructure stack
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Boards approve deal; SEC and Nasdaq steps targeted by Q2 2026, if cleared
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VRME sells off after early spike, then holds near $1.00 as merger news lands
VerifyMe (VRME) shares traded near $0.9950, down 8.68%, as an early surge faded and selling pushed price toward session lows. VerifyMe signed a merger agreement with Open World to build digital asset and tokenization infrastructure. The companies also targeted a combined Nasdaq listing under a new ticker after required approvals.
VRME Price Action Weakens While Merger Plan Reshapes Strategy
VRME spiked near $1.30 early, yet it then printed lower highs and lower lows through midday. Afterward, price steadied near the $1.01 to $1.00 area, and momentum stayed soft. The chart still showed nearby resistance around $1.09 and then $1.20.
VerifyMe positions itself as a provider of authentication and precision logistics technologies. Now it aims to pair those capabilities with Open World’s blockchain infrastructure and tokenization platform. As a result, the merger reframes VerifyMe’s market narrative toward regulated digital asset services.
Open World operates in blockchain infrastructure and real-world asset tokenization across several markets.The agreement links VerifyMe’s public listing to a tokenization-focused operating plan. This shift also aligns with rising interest in bringing traditional assets onto compliant digital rails.
Deal Terms Set Closing Path With Approvals Targeted for 2026
The boards of both companies approved the merger agreement and authorized the next filing steps. Next, the parties plan regulatory submissions and shareholder votes before any closing can occur. They expect key approvals during the second quarter of 2026, subject to standard review timelines.
The agreement includes standard representations, warranties, and operating covenants for both parties. It also sets limits on business actions between signing and closing, and it provides director indemnification. These provisions aim to preserve operations while the companies complete the approval process.
VerifyMe also terminated its at-the-market equity program as part of the transaction plan. That move adjusts capital structure assumptions and reduces ongoing issuance activity during the merger period. The companies said future filings will provide additional detail on structure and timing.
Combined Company Plans Regulated Tokenization and Listings Focus
After closing, the combined company plans to support token listings and regulated digital asset infrastructure. It also targets enterprise-grade compliance frameworks and institutional RWA tokenization across multiple jurisdictions. The platform strategy emphasizes governance, standards, and scalable infrastructure.
Open World previously disclosed a national-scale RWA Center of Excellence in Saudi Arabia. It also reported an infrastructure collaboration with Abstract tied to regulated, infrastructure-grade assets. The merger announcement builds on initiatives already tied to regional deployment.
VerifyMe brings logistics expertise in time- and temperature-sensitive products plus brand protection solutions. The company now connects that foundation with Open World’s tokenization network and advisory capabilities. Still, the deal remains conditional, and it may not close if approvals or listing requirements fail.
Advisors: Maxim Group serves as exclusive financial advisor to Open World, while Latham & Watkins advises Open World. Harter Secrest & Emery serves as counsel to VerifyMe, and the companies plan additional disclosures in SEC materials. VRME trading reflected heavy turnover early, yet the merger plan anchored the session’s headline focus.
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