Beneficial Ownership Report · SCHEDULE 13D/A
OpenWorld, Inc.
Beneficial Ownership Report
Structured filing — SCHEDULE 13D/A
primary_doc.xml
Amendment · This filing reports the amendment as submitted.
Subject company
- Company
- OpenWorld, Inc.
- Company CIK
- 0001104038
- Street
- 801 INTERNATIONAL PARKWAY
- Street (continued)
- FIFTH FLOOR
- City
- LAKE MARY
- State / country code
- FL
- Postal code
- 32746
Statement details
- Amendment number
- 2
- Security class
- Common stock, par value $0.001 per share
- Event date
- 09/30/2026
- Previously filed indication
- false
Authorized notification person 1
- Name
- Alexander R. McClean, Esq.
- Phone
- 585-231-1248
- Street
- Harter Secrest & Emery LLP
- Street (continued)
- 1600 Bausch & Lomb Place
- City
- Rochester
- State / country code
- NY
- Postal code
- 14604
Reporting person 1
- Name
- Stedham Adam H
- Reporting person CIK
- 0001723447
- No reporting person CIK indication
- N
- Citizenship / organization
- X1
- Reporting person type
- IN
- Source of funds code
- OO · PF
- Legal proceedings indication
- N
- Aggregate amount owned
- 83,361.00
- Percent of class
- 0.6
- Sole voting power
- 83,361.00
- Shared voting power
- 0.00
- Sole dispositive power
- 83,361.00
- Shared dispositive power
- 0.00
- Aggregate excludes certain shares
- N
- Comments
- The figures included in rows 7, 9 and 11 above include 2,860 vested restricted stock units (RSUs) that become payable, on a one-for-one basis, in shares of common stock of the issuer upon separation of Mr. Stedham's service from the issuer. The percentage in row 13 above is based on (i) 13,407,360 shares of common stock issued and outstanding as of September 30, 2026, as reported in the issuer's Form 8-K filed on September 30, 2026; and (ii) 2,860 vested RSUs that become payable, on a one-for-one basis, in shares of common stock of the issuer upon separation of Mr. Stedham's service from the issuer.
Item 1
Issuer
OpenWorld, Inc.
Security title
Common stock, par value $0.001 per share
Principal address
Comment
The initial statement on Schedule 13D was filed on August 7, 2026 (the Initial Schedule 13D) by Adam H. Stedham (Mr. Stedham), relating to the shares of common stock, par value $0.001 per share (Shares) of OpenWorld, Inc., a Nevada corporation (the Issuer). The Initial Schedule 13D, as amended by Amendment No. 1 filed on August 26, 2026, is hereby further amended with respect to the matters set forth below in this Amendment No. 2. Unless otherwise indicated herein, there are no material changes to the information set forth in the Initial Schedule 13D. The filing of this Amendment No. 2 constitutes an exit filing for Mr. Stedham. The figures set forth is this Schedule 13D (Amendment No. 2) reflect the Issuer's 1-for-10 reverse stock split effected on September 29, 2026. The Issuer changed its name from "VerifyMe, Inc." to "OpenWorld, Inc.", effective October 1, 2026.
Item 2
Principal occupation
The present principal occupation of Mr. Stedham is acting as the President of Precision Logistics of the Issuer.
Filing person
This Schedule 13D (Amendment No. 2) is being filed by Adam H. Stedham, who is the President of Precision Logistics of the Issuer.
Principal business address
The principal business address of Mr. Stedham is c/o OpenWorld, Inc. 801 International Parkway, Fifth Floor, Lake Mary, Florida 32746.
Item 4
Purpose of transaction
In accordance with the terms of the Agreement and Plan of Merger by and among VerifyMe, Inc., VRME Subsidiary Corp. and Open Word Ltd. (the Merger), the Merger closed on September 30, 2026. A full description of the closing of the Merger is located in the Issuer's Form 8-K filed with the SEC on September 30, 2026. Immediately after giving effect to the Merger, there were approximately 13,407,360 Shares of common stock issued and outstanding, resulting in Mr. Stedham ceasing to be a five percent or greater beneficial owner of the Issuer.
Item 5
Number of shares
As of the date of this Schedule 13D (Amendment No. 2), Mr. Stedham has sole voting and sole dispositive power with respect to 83,361 Shares of the Issuer. Mr. Stedham does not have shared voting or shared dispositive power with respect to the Shares.
Transactions
On September 30, 2026, 55,000 RSUs held by Mr. Stedham had vested into Shares on a one-for-one basis. In connection with such vesting, Mr. Stedham had 18,590 Shares withheld for tax withholding obligations, with a per Share price of $8.14, as reported in Mr. Stedham's beneficial ownership report on Form 4 filed with the SEC on September 30, 2026.
Other persons with an interest
Not applicable.
Date ownership ceased to exceed 5%
Mr. Stedham ceased to be the beneficial owner of more than five percent of the Issuer's securities effective September 30, 2026.
Percentage of class
As of the date of this Schedule 13D (Amendment No. 2), Mr. Stedham may be deemed to beneficially own, in the aggregate, 83,361 Shares of the Issuer.
Item 6
Contracts and arrangements
Mr. Stedham and the Issuer are party to an amended and restated employment agreement, dated February 11, 2026, that became effective upon the closing of the Merger on September 30, 2026. A full description of the amended and restated employment agreement is located in the Issuer's Form 8-K filing filed on September 30, 2026.
Signature 1
- Reporting person
- Stedham Adam H
- Signed
- /s/ Adam H. Stedham
- Title
- Adam H. Stedham
- Date
- 10/02/2026
Company context
VerifyMe provides specialized logistics for time and temperature-sensitive products, as well as brand protection and enhancement solutions. To learn more, visit https://www.verifyme.com
Recent company filings
- Completion of Acquisition or Disposition of Assets · Changes in Control of RegistrantOct 2, 2026
- Regulation FD DisclosureOct 1, 2026
- 4 filingSep 30, 2026
- Entry into a Material Definitive Agreement · Termination of a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets · Unregistered Sales of Equity Securities · Changes in Control of Registrant · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Regulation FD Disclosure · Other EventsSep 30, 2026
- POS EX filingSep 30, 2026