OpenWorld Begins Nasdaq Buying and selling Beneath OPNW Image

OpenWorld, Inc. started buying and selling on Nasdaq underneath the image OPNW on October 1, 2026, after finishing its enterprise mixture with VerifyMe, Inc. The change put the OpenWorld title and ticker on VerifyMe’s Nasdaq-listed entity quite than creating a standard new trade itemizing.Nasdaq’s corporate-action discover, issued September 30, mentioned VerifyMe’s company title would grow to be OpenWorld, Inc. and its ticker would change to OPNW, efficient Thursday, October 1. Nasdaq Dealer recorded the motion forward of the primary session underneath the brand new image.Though the underlying deal was structured as a reverse merger for accounting functions, the listed firm persevering with after the transaction shouldn't be essentially the accounting acquirer. SEC disclosure assigns that position to OpenWorld.VerifyMe’s Nasdaq Image Adjustments to OPNW on October 1The accomplished mixture changed VerifyMe’s title and Nasdaq image with OpenWorld and OPNW. Nasdaq recognized the efficient date as October 1, 2026, establishing when market members would see the brand new identifier on the trade.The trade discover describes a corporate-name and ticker change, whereas the transaction itself was the enterprise mixture between VerifyMe and OpenWorld. Unbiased protection from Investing.com additionally reported that OpenWorld started Nasdaq buying and selling as OPNW after the merger was accomplished.For shareholders and merchants, OPNW is subsequently the image related to the post-combination firm. The accessible trade discover doesn't present trading-price info or describe operational adjustments at OpenWorld, so the disclosed occasion is principally a change within the id and market image of the Nasdaq-listed issuer.The timing additionally separates two associated milestones. The Nasdaq discover was dated September 30, someday earlier than the brand new ticker took impact, whereas the buying and selling change grew to become efficient on October 1. That sequence is according to an trade company motion being introduced earlier than it's mirrored available in the market’s buying and selling image.OpenWorld Is the Accounting AcquirerThe authorized mechanics present why the transaction is extra complicated than a easy renaming. In accordance with an SEC-filed exhibit, a VerifyMe subsidiary merged with and into OpenWorld, with OpenWorld surviving the merger as an entirely owned subsidiary of VerifyMe.But the identical disclosure characterizes OpenWorld because the accounting acquirer in a reverse-merger transaction. In different phrases, VerifyMe remained the public-company guardian within the authorized construction, whereas OpenWorld is handled because the acquirer for accounting functions. The outline seems within the SEC submitting detailing the mix.That legal-accounting cut up is central to the corporate’s Nasdaq debut. The OPNW buying and selling image got here by means of VerifyMe’s current listed entity and the company motion on Nasdaq, whereas the transaction disclosure identifies OpenWorld because the accounting acquirer. Neither label overrides the opposite; they tackle completely different features of the identical transaction.Reverse-merger accounting could make the acquired or surviving working enterprise the accounting acquirer even when the authorized guardian is one other firm. Right here, the SEC disclosure expressly provides that therapy, quite than leaving it to inference from the title change or the trade ticker.The disclosed construction additionally implies that OpenWorld survived the subsidiary merger however grew to become wholly owned by VerifyMe. Following completion, the listed guardian adopted the OpenWorld title, producing the corporate and image now seen on Nasdaq.136.6 Million Shares Registered for OpenWorld SecurityholdersVerifyMe registered 136,631,729 shares of widespread inventory for issuance to OpenWorld securityholders underneath the merger settlement. The determine seems in a September 30 SEC submitting and gives the clearest disclosed measure of the share issuance linked to the mix.The registration determine shouldn't be learn as an announcement of shares buying and selling available in the market at any given time. It refers particularly to shares registered for issuance to OpenWorld securityholders pursuant to the merger settlement, as set out within the SEC exhibit.It nonetheless illustrates the dimensions of the fairness part behind the newly named Nasdaq issuer. The issuance accompanied the company reorganization by which VerifyMe’s public-company platform grew to become OpenWorld, Inc. and its Nasdaq image grew to become OPNW.As of October 1, the market-facing final result was easy: OpenWorld was buying and selling on Nasdaq as OPNW. The filings and trade discover present that the path to that final result concerned a subsidiary merger, a surviving OpenWorld subsidiary, reverse-merger accounting therapy and a considerable registered share issuance for OpenWorld securityholders.

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