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TickerVRME
SectorSecurity & Protection Services
Mkt cap$10M
EV / EBITDAN/A
PostureHigh Velocity
Composite62/100
LensTarget-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 1104038

Verifyme, Inc.

VRMEHIGH VELOCITYFILING INTENSITY

Verifyme, Inc. reads as High Velocity (composite 62/100); pressure / disclosure signals dominate the posture this cycle · primary market Industrial Services.

Lens

Disclosed M&A capital (2023–2025)

$3M

−75%

vs $10M in 2020–2022

Disclosed transactions

2

+100%

2/3 active fiscal years in window

Buyer archetype

Selective Buyer

Acquisition use is visible but targeted.

Composite score

62

/100

High Velocity dominates · Filing Intensity

Financial snapshot
Revenue$16M
EBITDAN/A
Enterprise value$7M
EV / Revenue0.4×
EV / EBITDAN/A
P/EN/A
Cash$4M
Total debt$500K
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

2/100

Companies actively deploying disclosed capital into M&A

  • $13M disclosed buyer spend

Buyer Cadence

0/100

Buyer-side companies with recent filing activity

  • 179 8-Ks

Target Probability

46/100

Issuers showing target-side patterns from filings

  • Control-process language
  • 14 activism filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 14 activism filings

Pressure Watch

52/100

Issuers facing activism, governance, or control pressure

  • 14 activism filings
  • Latest activism 2.9y ago; discounted
  • Control-process filings

Distress Watch

44/100

Issuers showing financial-distress filing patterns

  • 10-Q 239d stale
  • 14 activism filings

Restatement Risk

6/100

Issuers with accounting-integrity flags from filings

  • 1 non-reliance 8-K
  • 6 auditor changes
  • 19 NT late filings
  • Latest event 8.3y ago; heavily discounted

Capital Velocity

Dominant
62/100

Issuers with the highest filing-activity intensity

  • 179 8-Ks
  • 5 form types

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $7M
  • 10-Q 239d ago
  • 5 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.

16
17
18
19
20
21
22
23
24
25

Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $8M · Peak count: 1

FYDisclosed buysDisclosed spendAvg ticketAudited tier
2025N/AN/AN/AN/A
20241$2M$2MN/A
20231$400K$400KN/A
20221$8M$8MN/A
2021N/A$3MN/AN/A
2020N/AN/AN/AN/A
§ III·SE-Cluster Issuer Brief

Strategy posture.

The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.

Archetype mix

  • Bolt On
    50%
  • Technology Acquisition
    50%

Strategy keywords

Terms recurring across recent 10-K acquisition disclosures.

  • bolt_on
  • technology_acquisition
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

Under Mr. Hauk’s leadership, D&B initiated a $100M corporate transformation effort including consolidation and re-design of their product suite and development of a real-time data supply chain.

10-KFY2013

We may evaluate various acquisitions and strategic partnerships, including licensing or acquiring complementary products, intellectual property rights, technologies or businesses.

10-KFY2022

Mr. Hauk, 53, was most recently the Chief Information Officer and Senior Vice President of Technology for Dun & Bradstreet (“D&B”).

10-KFY2013

To realize the anticipated benefits of these acquisitions, we must successfully integrate these businesses with ours.

10-KFY2022
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Industrial Services

Market spend (2023–2025)
$65.5B
Market spend (2020–2022)
$39.6B
Recent vs prior
+65%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

N/AEV / EBITDA

VRME trades at a -13.1-turn discount to the Industrial Services peer median of 11.4×.

EV / Revenue
0.4×
Net debt / EBITDA
N/A
Peer median EV / EBITDA
11.4×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
15.1×1.0×-0.4×$24.2B$444M
13.1×5.8×1.1×$6.3B$3.2B
11.4×0.9×7.8×$2.5B$3.9B
11.3×4.5×0.2×$16.4B$931M
8.7×3.0×0.8×$1.7B$1.3B

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Industrial Services. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Buyer landscape.

Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.

Likely buyers

No public buyers surface as a strong target-side fit on current signal.

Likely sellers / divestiture partners

No reciprocal divestiture / strategic-alternatives matches identified.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)182026-03-31
  • 10-Q (quarterly)462025-11-14
  • 8-K (event)1792026-04-17
  • Proxy / DEF 14A202025-08-13
  • Activism (13D / DFAN / PREC)142023-09-01

Signals on file

  • critical

    Non-reliance disclosure

    2013-05-13

    1 Item 4.02 filing on file; financial-statement non-reliance.

  • elevated

    Auditor change

    2018-01-11

    6 Item 4.01 filings on file; certifying accountant change.

  • watch

    Late-filing notice

    2018-04-03

    19 NT 10-K/10-Q filings on file.

  • elevated

    Activism on file

    2023-09-01

    14 activist filings on file (13D, DFAN14A, PREC14A series).

  • info

    Signal

    Serial acquisition history

  • info

    Signal

    10-K strategy themes

  • info

    Signal

    Recent transaction activity

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.