MergerJun 9, 2026, 04:16 PM
VerifyMe Amends Merger Agreement with Open World
AI Summary
VerifyMe, Inc. entered into a Second Amendment to its Merger Agreement with Open World, Ltd. on June 4, 2026. This amendment revises the definition of "Fully Diluted Company Shares" to include Open World ordinary shares issuable in connection with any existing agreement to issue Equity Interests. The amendment pertains to the previously announced merger where Open World will become a wholly-owned subsidiary of VerifyMe.
Key Highlights
- VerifyMe, Inc. and Open World, Ltd. entered into a Second Amendment to their Merger Agreement on June 4, 2026.
- The amendment revises the definition of "Fully Diluted Company Shares."
- The revised definition now includes Open World ordinary shares issuable from existing agreements to issue Equity Interests.
- The original Merger Agreement involves Open World becoming a wholly-owned subsidiary of VerifyMe, Inc.
Price Impact
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