authID (AUID) Prices 1.46M Share Offering at $7.50/sh
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authID Announces Pricing of Approximately $11,000,000 Million Registered Direct Offering
June 25, 2024 5:00 PM EDTDENVER, June 25, 2024 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ: AUID) (authID or the Company), a leading provider of innovative biometric identity verification and authentication solutions, today announced it has entered into a definitive agreement with investors to sell 1,464,965 shares of its common stock (the Shares), pursuant to a registered direct offering (the Registered Direct Offering). The purchase price for one Share will be $7.50 (however, if the Purchaser is a director of the Company, the Per Share Purchase Price will be $8.16). The aggregate gross proceeds from the Registered Direct Offering are expected to be approximately $11,000,000 million before... More
