 ROCHESTER, N.Y., Feb. 09, 2021 GLOBE NEWSWIRE -- VerifyMe, Inc. NASDAQ: VRME 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 that it has entered into an underwriting agreement with Maxim Group LLC under which the underwriter has agreed to purchase, on a firm commitment basis, 1,650,000 shares of common stock of the Company, at a price to the public of 5.30 per share less underwriting discounts and commissions. The gross proceeds from the offering are expected to be approximately 8.75 million, before deducting underwriting discounts and commissions and estimated offering expenses. 