VRME - Dividend announcements

VerifyMe, Inc. (NASDAQ:VRME) ("VerifyMe"), a provider of authentication and precision logistics technologies today announced a planned reverse stock split of its shares of common stock at a ratio of 1-for-10. The reverse stock split will take effect as of 12:01 a.m. ET, on September 29, 2026, and shares of VerifyMe will trade on a post-split basis on Nasdaq under the existing trading symbol, "VRME," at the market open on September 29, 2026. At the Company’s Annual Meeting of Stockholders held October 8, 2025, stockholders approved an amendment to the Company’s amended and restated articles of incorporation to implement a reverse stock split in a range of 1-for-2 to 1-for-10 and granted th

VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe"), a provider of authentication and precision logistics technologies today announced that its Board of Directors has authorized and declared a special cash dividend of $0.15 per share (the "Dividend"), to be distributed pro-rata per share of the Company’s common stock, $0.001 par value per share (the "Common Stock") to (i) holders of Common Stock, and (ii) holders of the Series B Convertible Preferred Stock, par value $0.001 per share, on an as-converted basis. Payment of the Dividend is conditioned upon the closing of the previously announced proposed merger with Open World Ltd., pursuant to the Agreement and Plan of Merger, as amended (the "merger