OpenWorld, Inc. commenced trading on the Nasdaq stock exchange under the symbol OPNW on October 1, 2026. The listing followed the completion of its business combination with VerifyMe, Inc., which resulted in the public company adopting the OpenWorld name and ticker.

Nasdaq issued a corporate-action notice on September 30 stating that VerifyMe’s corporate name would change to OpenWorld, Inc. and its ticker would switch to OPNW effective the next trading day. The transaction was structured so that a VerifyMe subsidiary merged into OpenWorld, with OpenWorld surviving as a wholly owned subsidiary of VerifyMe. VerifyMe then adopted the OpenWorld name. For accounting purposes, OpenWorld is treated as the acquirer in what is characterized as a reverse merger.

Share Issuance and Corporate Structure

As part of the combination, VerifyMe registered 136,631,729 shares of common stock for issuance to OpenWorld securityholders under the merger agreement. The registration covers shares connected to the transaction and does not represent the number of shares actively trading at any specific moment. The legal structure left VerifyMe as the continuing public parent while designating OpenWorld as the accounting acquirer, a distinction that addresses different aspects of the same deal.

Matthew Shaw serves as chairman and chief executive of the combined company. Russ McMeekin holds the position of group president. The business operates under the OpenWorld Enterprise banner and combines financial structuring with blockchain infrastructure.

Focus on Institutional Tokenization

The company is positioning itself to support the development, issuance and distribution of tokenized real-world assets for institutional participants. Its stated areas of activity also include stablecoin infrastructure and capital-markets advisory services. Management has indicated an intention to help digitize real-world assets rather than introduce a single consumer-facing token or trading application.

Tokenization in this context requires more than smart-contract code. It involves investor record-keeping, compliance controls, transfer restrictions, custody arrangements and secondary-market access. OpenWorld’s public listing provides a conventional equity vehicle for exposure to this segment of the market.

Planned Dual Listing and Dividend Details

OpenWorld intends to pursue a dual listing on Figure OPEN, a blockchain-based trading platform, with a target of November 2026. The company has noted that successful tokenization of its own equity securities on that platform remains uncertain. The Figure OPEN plan is separate from the Nasdaq listing.

In connection with the transaction, Nasdaq listed a special cash dividend of $1.50 per share. The dividend was payable on October 2 to shareholders of record as of September 29 and was adjusted to account for a 1-for-10 reverse stock split.

The combination closed after a shareholder vote, with the business combination completed on September 30. As of the October 1 market open, the post-combination entity traded under the OpenWorld name and OPNW ticker on Nasdaq.