VerifyMe asks shareholders to back blockchain stock proposal

VerifyMe, Inc. (NASDAQ: VRME) is urging shareholders to vote in favor of Proposal 6, the Blockchain Common Stock Proposal, ahead of its Annual Meeting of Shareholders scheduled for September 24, 2026.

Approval of the proposal would authorize a new class of Blockchain Common Stock and provide the corporate mechanism needed to list the combined company's equity on Figure Technology Solutions, Inc.'s Onchain Public Equity Network, known as Figure OPEN, alongside an anticipated Nasdaq listing. The proposed dual-market structure is contingent on the completion of VerifyMe's proposed merger with Open World Ltd.

According to the company's press release, the Figure OPEN listing is intended to complement, rather than replace, the anticipated Nasdaq listing. The structure is described as offering around-the-clock trading, faster settlement, and access to a broader investor base through onchain markets.

"Approval of Proposal 6 by VerifyMe shareholders would represent an important step toward realizing the broader vision behind the proposed merger with OpenWorld," said Adam H. Stedham, Chief Executive Officer of VerifyMe.

Matthew Shaw, Chief Executive and Chairman of OpenWorld, said the structure is "designed to bring the efficiency and transparency of blockchain infrastructure to the public equity markets while continuing the protections and broad market access of a traditional exchange listing."

VerifyMe filed a proxy statement/prospectus with the U.S. Securities and Exchange Commission on August 14, 2026, following a Registration Statement on Form S-4/A declared effective on August 12, 2026. Shareholders must submit votes by 11:59 p.m. Eastern Time on September 23, 2026, to be counted before the meeting.

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