Can I change medical plan during COBRA open enrollment?

Hi folks, I received a letter saying that my previous employer is going through their annual open enrollment period, and that since I am on COBRA I have the choice to change my coverage.

I know that I can drop COBRA anytime but it doesn’t always count as a “qualifying event”. Can this enrollment period be considered as a “qualifying event” so that my wife and I can move from my COBRA insurance to her company’s insurance plan? Also note that I am going through open enrollment at my current company as well (but I didn’t take their insurance since I chose to be on my previous employer’s insurance on COBRA).