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VerifyMe Announces 1-for-10 Reverse Stock Split; Shares Fall

VerifyMe Announces 1-for-10 Reverse Stock Split; Shares Fall

MT newswireMT newswire2026/09/25 14:35
10:35 AM EDT, 09/25/2026 (MT Newswires) -- VerifyMe (VRME) announced a 1-for-10 reverse stock split, effective Tuesday. A previously announced special cash dividend will be adjusted proportionately to $1.50 a share from $0.15, the company said Friday in a statement. The payout remains dependent on the successful closing of a proposed merger with Open World, VerifyMe said. VerifyMe shares fell 23% in Friday trading. Price: 0.90, Change: -0.27, Percent Change: -22.91
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