Core Viewpoint - The merger between VerifyMe, Inc. and Open World Ltd. aims to create a leading infrastructure provider in the digital asset and tokenization sector, enhancing capabilities in regulated digital asset infrastructure and real-world asset tokenization [1][3][4] Company Overview - VerifyMe, Inc. specializes in authentication and precision logistics technologies, while Open World Ltd. focuses on blockchain infrastructure and real-world asset tokenization [1][11] - Open World has facilitated the growth of over 20 companies since 2023 and has helped launch more than $65 billion in aggregate network value [10] Merger Details - The Agreement and Plan of Merger has been executed, with both companies' boards unanimously approving the transaction [1][6] - The combined entity will focus on token listings, compliance frameworks, and institutional RWA tokenization across multiple jurisdictions [3][4] - The merger is expected to result in a new Nasdaq listing under a new ticker symbol, pending shareholder and regulatory approvals [6] Strategic Importance - The merger is seen as a significant inflection point, responding to increasing institutional demand for regulated digital asset infrastructure [4] - The combined platform is expected to support digital asset innovation and long-term shareholder value [3] Future Developments - Regulatory filings with the U.S. Securities and Exchange Commission and Nasdaq are anticipated by the second quarter of 2026 [6] - Additional details regarding the transaction structure and timing will be disclosed in future filings [6]
Open World and VerifyMe Sign Merger Agreement