VerifyMe, Inc., a provider of precision logistics and brand protection technologies, and Open World Ltd., a leader in Web3 ecosystem projects, have entered into a letter of intent to pursue a strategic merger. The planned combination is expected to result in a publicly traded company on Nasdaq under a new ticker symbol. Under the proposed terms, Open World's shareholders would own approximately 90% of the combined entity, while VerifyMe's stockholders would hold about 10%. The merger aims to strengthen the delivery of institutional-grade on-chain solutions and real-world asset tokenization. A 60-day exclusivity period has been set for due diligence and negotiation of a definitive merger agreement. VerifyMe may pay a special one-time cash dividend to its stockholders prior to closing, based on cash exceeding $1 million on its balance sheet.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VerifyMe Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260105017937) on January 05, 2026, and is solely responsible for the information contained therein.