VerifyMe, Inc. Reports on Security Holder Vote

TL;DR

VRME shareholders voted on something important June 4th.

AI Summary

VerifyMe, Inc. filed an 8-K on June 5, 2024, reporting on a matter submitted to a vote of its security holders on June 4, 2024. The company, formerly known as LaserLock Technologies Inc., is incorporated in Nevada and headquartered in Lake Mary, Florida.

Why It Matters

This filing indicates a significant corporate action or decision requiring shareholder approval, which could impact the company's future direction or governance.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a shareholder vote, not an immediate financial event.

Key Players & Entities

• VerifyMe, Inc. (company) — Registrant
• June 4, 2024 (date) — Date of earliest event reported
• June 5, 2024 (date) — Filing date
• LaserLock Technologies Inc. (company) — Former company name
• Nevada (jurisdiction) — State of incorporation
• Lake Mary, Florida (location) — Principal executive address

FAQ

Key Financial Figures

• $0.001 — ch registered Common Stock, par value $0.001 per share VRME The Nasdaq Capital M

Filing Documents

• o642408k.htm (8-K) — 38KB
• 0001214659-24-010589.txt ( ) — 250KB
• vrme-20240604.xsd (EX-101.SCH) — 4KB
• vrme-20240604_def.xml (EX-101.DEF) — 26KB
• vrme-20240604_lab.xml (EX-101.LAB) — 36KB
• vrme-20240604_pre.xml (EX-101.PRE) — 25KB
• o642408k_htm.xml (XML) — 5KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. At the annual meeting of stockholders of VerifyMe, Inc. (the "Company") held on June 4, 2024, the Company's stockholders voted on the matters described below. Proposal 1. The Company's stockholders elected the following nominees as directors, each to serve for a one-year term expiring in 2025 and until their successors are duly elected and qualified, or until the director's earlier death, resignation or removal. Director Nominee Votes For Authority Withheld Broker Non-Votes Marshall Geller 4,802,930 37,611 1,421,064 Howard Goldberg 3,474,782 1,365,759 1,421,064 Scott Greenberg 4,760,351 80,190 1,421,064 Arthur Laffer 4,571,165 269,376 1,421,064 Adam H. Stedham 4,499,266 341,275 1,421,064 David Edmonds 4,567,112 273,429 Proposal 2. The Company's stockholders approved, on a non-advisory basis, the compensation of the Company's named executive officers. Votes For Votes Against Votes Abstained Broker Non-Votes 4,738,182 39,985 62,374 1,421,064 Proposal 3. The Company's stockholders determined, on a non-binding advisory basis, that future advisory votes on the compensation of the Company's named executive officers shall be held every year . Votes For 1 Year Votes For 2 Years Votes For 3 Years Votes Abstained Broker Non-Votes 4,569,322 5,934 172,285 93,000 1,421,064 Proposal 4. The Company's stockholders approved the Third Amendment to the VerifyMe, Inc. 2020 Equity Incentive Plan. Votes For Votes Against Votes Abstained Broker Non-Votes 3,548,840 1,235,712 55,989 1,421,064 Proposal 5. The Company's stockholders ratified the selection of MaloneBailey, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Votes For Votes Against Votes Abstained 6,218,352 5,530 37,723 As indicated above, at the 2024 annual meeting, the Company's stockho

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VerifyMe, Inc. Date: June 5, 2024 By: /s/ Adam Stedham Adam Stedham Chief Executive Officer and President

View Full Filing

View this 8-K filing on SEC EDGAR