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VerifyMe Inc. (VRME) Announces SPAC Liquidation, Initiates Share Buyback

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VerifyMe Announces SPAC Liquidation and Initiates New Share Repurchase Program

July 1, 2022 8:30 AM EDT

ROCHESTER, N.Y., July 1, 2022 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company"), together with its subsidiary PeriShip Global LLC ("PeriShip"), provides brand owners time and temperature sensitive logistics, authentication, supply chain monitoring, and data-rich consumer engagement features using unique smartphone readable codes on their products, announced today that it and its co-sponsor have elected to not extend the period for G3 VRM Acquisition Corp (NASDAQ: GGGVU), a special purpose acquisition company (the "SPAC") to consummate a business combination, and that VerifyMe has initiated a new share... More