The U.S. Securities and Exchange Commission has declared effective the registration statement for VerifyMe Inc.’s proposed merger with OpenWorld Ltd., clearing the way for a shareholder vote on Aug. 7, 2026.
If approved, the transaction would combine VerifyMe, a provider of logistics and brand protection solutions, with OpenWorld, a blockchain-focused company specializing in real-world asset tokenization. The combined entity would operate as OpenWorld Inc. and trade on Nasdaq under the ticker symbol OPNW.
VerifyMe stockholders of record as of Aug. 7 are eligible to participate in the vote, with results expected shortly after the annual meeting scheduled for Sept. 24, 2026, at 1:00 p.m. ET. The company has engaged Advantage Proxy Inc. as its proxy solicitor to facilitate advance voting.
The merger remains subject to customary closing conditions, including regulatory and shareholder approvals. OpenWorld has outlined several strategic agreements in recent months, including partnerships with Figure Technology Solutions Inc. for tokenizing the combined company’s equity securities and mCloud Technologies Saudi Arabia for operations in the Kingdom of Saudi Arabia.
Additional collaborations include a non-binding memorandum of understanding with an unspecified partner in Ras Al-Khaimah, UAE, for a tokenized reward point system, and a letter of intent with Jolt Charge USA Inc. related to electric vehicle charging services. OpenWorld has also partnered with Abstract Foundation on a real-world asset tokenization platform.
