The U.S. Securities and Exchange Commission declared effective the registration statement for VerifyMe, Inc.’s proposed merger with Open World Ltd., setting the stage for a shareholder vote on Sept. 24, 2026. The combined entity will operate as OpenWorld, Inc. and list on the NASDAQ under the ticker OPNW.
VerifyMe’s existing shareholders will vote on the business combination at the company’s annual meeting, scheduled for 2:00 p.m. Eastern Time via live webcast. The record date for eligible voters was Aug. 7, 2026. Shareholders may cast advance votes through the proxy solicitor, Advantage Proxy, Inc.
VerifyMe provides logistics solutions for time- and temperature-sensitive products and brand protection services, while OpenWorld describes itself as a blockchain innovation company focused on real-world asset tokenization. The merger aims to integrate VerifyMe’s operational infrastructure with OpenWorld’s blockchain-based platform.
OpenWorld has outlined several recent agreements to support its expansion strategy. These include a collaboration with the Abstract Foundation to develop a real-world asset tokenization platform, and a letter of agreement with mCloud Technologies Saudi Arabia to establish a partnership in the Kingdom of Saudi Arabia. The company also entered into agreements with Figure Technology Solutions to tokenize the equity securities of the combined entity.
Additional initiatives include a non-binding memorandum of understanding with Jolt Charge USA for electric vehicle charging services and a non-binding letter of intent for a tokenized reward point system targeting resort properties in Ras Al-Khaimah, United Arab Emirates.
