Monitor shareholder vote outcome on September 24, 2026. Approval of Proposal 6 is a procedural step for the dual listing structure but does not guarantee merger completion. The outside date extension to October 31, 2026 leaves limited time to close if the vote passes.
Price Chart
Executive Summary
VerifyMe filed a Rule 425 communication urging shareholders to vote 'FOR' Proposal 6 (Blockchain Common Stock) at the September 24, 2026 annual meeting. Approval is needed to authorize a new class of blockchain common stock for the combined company's equity to be listed on Figure's Onchain Public Equity Network alongside its Nasdaq listing post-merger with OpenWorld. This is a promotional solicitation with no new financial terms or changes to the merger agreement.
Key Financial Metrics
Key Facts
- Shareholder vote on Proposal 6 scheduled for September 24, 2026 annual meeting.
- Proposal 6 would authorize a new class of Blockchain Common Stock for listing on Figure OPEN.
- Outside date for merger with OpenWorld extended to October 31, 2026 per August 10, 2026 amendment.
- S-4 registration statement declared effective August 12, 2026.
- No new financial terms, deal value, or changes to merger consideration disclosed.
Financial Impact
No financial figures disclosed; deal value and merger consideration not updated.
Risk Factors
- Shareholder approval of Proposal 6 is not assured; failure could delay or complicate the merger.
- Tokenized securities face increased regulatory scrutiny and may not gain market acceptance.
- Multiple prior outside date extensions suggest execution risk in closing the merger.
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 425 Filing (Primary) | 0001214659-26-011753 |
| Document: 0001214659-26-011753-index-headers.html | 0001214659-26-011753 |
| Document: 0001214659-26-011753-index.html | 0001214659-26-011753 |
| Document: 0001214659-26-011753.txt | 0001214659-26-011753 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 8, 2026 18d ago | 8-K | — | awaiting T+20 | — | — |
Oct 8, 2026 18d ago | 3 | — | awaiting T+20 | — | — |
Oct 1, 2026 25d ago | 8-K | $9.12 | awaiting T+20 | — | — |
Sep 28, 2026 27d ago | 425 | $8.14 | awaiting T+20 | — | — |
Sep 25, 2026 4w ago | 8-K | $0.9599 | awaiting T+20 | — | — |
Sep 22, 2026 4w ago | 425 | $1.04 | awaiting T+20 | — | — |
Sep 18, 2026 5w ago | 8-K | $1.38 | awaiting T+20 | — | — |
Sep 18, 2026 5w ago | 425 | $1.38 | awaiting T+20 | — | — |
Sep 17, 2026 5w ago | 425 | $0.7700 | awaiting T+20 | — | — |
Sep 9, 2026 6w ago | 425 | $0.6172 | awaiting T+20 | — | — |
US Market Status
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