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OpenWorld, Inc. (VRME) Form 8-K — Oct 30, 2026

$VRMEForm 8-KItems 1.01, 8.01, 9.01Filed Oct 30, 2026, 5:16 PM ET0001214659-26-013557Original filing

OpenWorld, Inc. closed a registered direct offering on October 30, 2026, selling 1,494,084 shares plus a pre-funded warrant for 1,023,901 shares at $1.39 per share, raising approximately $3.5 million in gross proceeds before fees. The offering, placed by Maxim Group LLC on a reasonable best efforts basis, also included Series A and Series B warrants to purchase up to 2,517,985 shares each, meaning over 5 million additional shares could be issued upon full exercise.

Key figures

Gross Proceeds
3500000
Offering Price
1.39
Shares Offered
1494084
Lockup days
45
Series a warrant shares
2517985
Series b warrant shares
2517985
Pre funded warrant shares
1023901

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.