OpenWorld, Inc. (OPNW): Entry into a Material Definitive Agreement

OpenWorld, Inc. (OPNW) replaced Jennifer Cola as CFO with Gerard Hernandez, effective October 23, 2026. Hernandez, previously the company's Chief Accounting Officer, also serves as Treasurer and Secretary. Cola remains employed under her existing agreement. Hernandez and his spouse own GM Consulting, which received $120,833 in fees from OpenWorld in 2026.

OpenWorld, Inc. (OPNW) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 OpenWorld Provides Preliminary Third Quarter 2026 Estimated Financial Results and Announces Appointment of Gerard Hernandez as Chief Financial Officer Expected Q3 2026 Revenue of $6.9 Million to $7.2 Million; Gross Margin of 80% to 82%, Net Loss of Approximately $10.

OpenWorld (OPNW) signed a non-binding term sheet with Meridian for up to $1B in tokenized financing. The funds will support a solar-powered, distributed AI inference network, with initial installations planned for Q4 2026 and commercial operations starting Q1 2027. According to the company, this is an early-stage strategic move into energy-backed AI compute infrastructure.

OpenWorld (OPNW) agreed to acquire Blocksight, aiming to automate tokenized financing programs up to $1.13 billion. The deal is subject to closing conditions. Blocksight's co-founders will join OpenWorld post-acquisition. OPNW stock closed down 7.32% at $2.66 but rose 16.17% in overnight trading.

OpenWorld (NASDAQ: OPNW) signed a merger agreement to acquire Blocksight, aiming to integrate its AI agents into OpenWorld Enterprise for tokenized financing in infrastructure and energy. The company also announced non-binding term sheets with BeyondAI for a $130M IP-backed transaction and Meridian for a $1B energy and computing infrastructure program. Blocksight's agents are expected to automate deal structuring, asset verification, and investor reporting.

OpenWorld (NASDAQ: OPNW) has signed a merger agreement to acquire Blocksight, which will support its up to $1 billion tokenized solar and AI computing program with Meridian. The program aims to finance a solar-powered, distributed AI computing network integrated with residential battery storage.