Notes: June 17, 2020 -- VerifyMe, Inc. (NasdaqCM: VRME, VRMEW) (“VerifyMe” or the “Company”), a technology solutions provider specializing in brand protection functions such as counterfeit prevention, authentication, serialization, track and trace features for labels, packaging and products, today announced the pricing of its underwritten public offering of 2,173,913 units at a price to the public of $4.60 per unit. Each unit issued in the offering consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $4.60. The common stock and warrants are immediately separable, will be issued separately, and are expected to begin trading on the Nasdaq Capital Market on June 18, 2020, under the symbols “VRME” and “VRMEW,” respectively. VerifyMe expects to receive gross proceeds of $10.0 million, before deducting underwriting discounts and commissions and other estimated offering expenses. Concurrent with the offering, the Company will effectuate a reverse split of its issued and outstanding common stock and treasury stock at a ratio of 50-to-1.