VerifyMe, Inc. announced that it has received $2.63 million in funding
January 26, 2018
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On January 26, 2018, VerifyMe, Inc. (OTCPK:VRME) closed the transaction. The company has received $517,343 in its third and final tranche of the transaction. The company has received $2,635,343 in the transaction from the sale of units with each unit consisting of 715,000 shares of common stock and 715,000 five-year warrants exercisable at $0.15 per share. A total of $216,343 was received from officers and directors in connection with the December 2017 and January 2018 portions of the transaction.
VerifyMe, Inc. together with its subsidiaries, PeriShip Global, LLC (PeriShip Global) and Trust Codes Global Limited (Trust Codes Global), is a traceability and customer support services provider using specialized software and process technology. Its segments include Precision Logistics and Authentication. The Precision Logistics and Authentication segments provide specialized logistics for time-and-temperature sensitive products, as well as item level traceability, anti-diversion and anti-counterfeit protection, brand protection and enhancement technology solutions. The Precision Logistics segment specializes in predictive analytics for optimizing delivery of time and temperature- sensitive perishable products. The Precision Logistics segment includes bundled services, such as PeriTrack, Service Center, Pre-Transit Service, Post-Delivery, and Weather/Traffic Service. The Authentication segment specializes in traceability to connect brands with consumers through their products.
VERIFYME, INC. 
