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Investing.com -- VerifyMe Inc (NASDAQ:VRME) stock surged 73% after the company’s wholly-owned subsidiary, PeriShip Global, LLC, entered into key agreements with United Parcel Service (NYSE:UPS).
According to a regulatory filing, PeriShip signed a UPS Digital Channel Program Agreement with United Parcel Service, Inc. and UPS Worldwide Forwarding, Inc., along with a UPS Partner API Access Agreement with UPS Digital, Inc. on July 29, 2025.
The three-year agreements will provide PeriShip access to designated UPS services at promotional rates as part of specialized logistics management services for time-sensitive and perishable shipments. These services include proactive monitoring, weather tracking, and issue resolution through certain UPS digital channel program applications.
Under the Integration Agreement, UPS will allow PeriShip to develop interfaces to certain UPS APIs, access UPS Access Services, and use UPS Information as defined in the agreement. The deals include customary confidentiality, limitation of liability, and indemnification provisions.
Complete details of the agreements will be filed as exhibits to VerifyMe’s Quarterly Report on Form 10-Q for the period ending September 30, 2025.
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