OpenWorld Announces Pricing of $3.5 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

LAKE MARY, Fla., Oct. 29, 2026 (GLOBE NEWSWIRE) -- OpenWorld, Inc. (NASDAQ: OPNW) ("OpenWorld" or the "Company"), an innovation company advancing global real-world asset (“RWA”) tokenization, today announced that it has entered into a securities purchase agreement with a single institutional investor for the purchase and sale of 2,517,985 shares of common stock (or pre-funded warrants in-lieu thereof), together with Series A warrants to purchase up to an aggregate of 2,517,985 shares of common stock, and Series B warrants to purchase up to an aggregate of 2,517,985 shares of common stock, in a registered direct offering priced at-the-market under Nasdaq rules. Each share of common stock and accompanying warrants are being sold together at a combined purchase price of $1.39. The Series A warrants will have an exercise price of $1.53 per share, will be subject to shareholder approval, and will expire five years from the date of shareholder approval. The Series B warrants will have an exercise price of $1.39 per share, will be subject to shareholder approval, and will expire eighteen months from the date of shareholder approval. The Series B warrants will be callable by the Company, subject to certain conditions, if the daily trading price of the common stock exceeds 400% of the exercise price and the average daily trading volume of the common stock exceeds $1.0 million over a period of ten consecutive trading days. Upon a call, any portion of the Series B warrants not exercised within ten trading days following the holder's receipt of the call notice will be cancelled.