{"filing":{"accession_number":"0001214659-26-013022","cik":"0001104038","ticker":"VRME","company_name":"OpenWorld, Inc.","form":"8-K","filing_date":"2026-10-19","report_date":"2026-10-16","primary_document":"x10172618k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1104038/000121465926013022/x10172618k.htm"},"events":[{"id":35913,"run_id":33101,"accession_number":"0001214659-26-013022","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.96,"summary":"OpenWorld entered into a definitive Agreement and Plan of Merger on October 16, 2026, to acquire Blocksight Holdings Co. via merger of OpenWorld's subsidiary into Blocksight, with Blocksight becoming a wholly owned subsidiary. The purchase price is 641,924 shares of common stock (approximately 4% of fully diluted capitalization), to be issued under Section 4(a)(2) and Rule 506 exemptions. Blocksight's AI agents will serve as the operating foundation for OpenWorld's tokenized financing programs.","company_name":"OpenWorld, Inc.","ticker":"VRME","filing_date":"2026-10-19","form":"8-K","submitted_at":null,"items":[{"id":40143,"accession_number":"0001214659-26-013022","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"OpenWorld entered into a definitive Agreement and Plan of Merger on October 16, 2026, to acquire Blocksight Holdings Co. via a merger of OpenWorld's subsidiary into Blocksight, with Blocksight becoming a wholly owned subsidiary of OpenWorld. The purchase price is 641,924 shares of common stock (4% of fully diluted capitalization). This is a material acquisition transaction disclosed under Item 1.01, with significant strategic implications for integrating Blocksight's AI agents into OpenWorld Enterprise to support tokenized financing programs.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-19T10:05:51.970158+00:00","company_name":"","ticker":null,"filing_date":""},{"id":40144,"accession_number":"0001214659-26-013022","item_number":"3.02","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 3.02 discloses unregistered equity issuance in connection with a merger agreement. The press release (EX-99.1) confirms OpenWorld has signed a definitive merger agreement to acquire Blocksight, with stock consideration to be issued under Section 4(a)(2) and Rule 506 exemptions. This is a material acquisition transaction, and the equity issuance is incidental to the M\u0026A activity rather than a standalone dilutive issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-19T10:05:51.970158+00:00","company_name":"","ticker":null,"filing_date":""},{"id":40145,"accession_number":"0001214659-26-013022","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"The filing discloses OpenWorld's entry into a definitive merger agreement to acquire Blocksight Holdings Co., announced on October 19, 2026. The press release explicitly states \"the signing of a definitive merger agreement to acquire Blocksight\" and describes how Blocksight's AI agents will serve as the operating foundation for OpenWorld's tokenized financing programs. This is a material acquisition transaction that would affect a reasonable investor's assessment of the company's strategic direction and operational capabilities.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-19T10:05:51.970158+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":40143,"accession_number":"0001214659-26-013022","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"OpenWorld entered into a definitive Agreement and Plan of Merger on October 16, 2026, to acquire Blocksight Holdings Co. via a merger of OpenWorld's subsidiary into Blocksight, with Blocksight becoming a wholly owned subsidiary of OpenWorld. The purchase price is 641,924 shares of common stock (4% of fully diluted capitalization). This is a material acquisition transaction disclosed under Item 1.01, with significant strategic implications for integrating Blocksight's AI agents into OpenWorld Enterprise to support tokenized financing programs.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-19T10:05:51.970158+00:00","company_name":"OpenWorld, Inc.","ticker":"VRME","filing_date":"2026-10-19"},{"id":40144,"accession_number":"0001214659-26-013022","item_number":"3.02","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 3.02 discloses unregistered equity issuance in connection with a merger agreement. The press release (EX-99.1) confirms OpenWorld has signed a definitive merger agreement to acquire Blocksight, with stock consideration to be issued under Section 4(a)(2) and Rule 506 exemptions. This is a material acquisition transaction, and the equity issuance is incidental to the M\u0026A activity rather than a standalone dilutive issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-19T10:05:51.970158+00:00","company_name":"OpenWorld, Inc.","ticker":"VRME","filing_date":"2026-10-19"},{"id":40145,"accession_number":"0001214659-26-013022","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"The filing discloses OpenWorld's entry into a definitive merger agreement to acquire Blocksight Holdings Co., announced on October 19, 2026. The press release explicitly states \"the signing of a definitive merger agreement to acquire Blocksight\" and describes how Blocksight's AI agents will serve as the operating foundation for OpenWorld's tokenized financing programs. This is a material acquisition transaction that would affect a reasonable investor's assessment of the company's strategic direction and operational capabilities.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-19T10:05:51.970158+00:00","company_name":"OpenWorld, Inc.","ticker":"VRME","filing_date":"2026-10-19"}]}
