VerifyMe Declares Special Dividend Contingent on Merger with OpenWorld
1 report, 1 independent
Updated Sep 18
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What happened
VerifyMe's board declared a special dividend of $0.15 per common share on September 18, 2026, payable on October 2, 2026. This payment is expressly conditioned upon the successful closing of the merger with OpenWorld. The dividend is part of a distribution of excess cash, with approximately $2.0 million expected to be distributed from $5.1 million in cash held as of June 30.
From aktiencheck.de
Why it matters
The merger between OpenWorld and VerifyMe is contingent on successful closing conditions, with the combined company aiming for a listing on the Nasdaq platform. The declaration of the special dividend is directly tied to the completion of this merger.
From aktiencheck.de
Who's involved
- NasdaqThe American stock exchange where the combined entity aims to list.
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The entities involved
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Nasdaq
American fully electronic stock exchange
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