VerifyMe shareholders approved OpenWorld merger-related share issuance at annual meeting
VRME•VerifyMe shareholders approved a merger-related share issuance tied to Open World, Ltd., including assumed options, that could exceed 20% of pre-merger shares.
1. Shareholders approve proposals
At its September 24, 2026, annual meeting, VerifyMe shareholders approved the merger-related share issuance and a potential change of control arising from the merger and related transactions. They also adopted a fourth amendment to the 2020 Equity Incentive Plan, increasing shares available for future issuance, and ratified MaloneBailey as independent auditor for the fiscal year ending December 31, 2026.
