authID.ai (AUID) Prices Approximately $2,100,000 Million Registered Direct Offering
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authID Announces Pricing of Approximately $2,100,000 Million Registered Direct Offering
May 6, 2025 3:43 PM EDTDENVER, May 06, 2025 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ: AUID) (authID or the Company), a leading provider of biometric identity verification and authentication solutions, today announced it has entered into a definitive agreement with investors to sell approximately 373,060 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 $5.60. The aggregate gross proceeds from the Offering are expected to be approximately $2,100,000 million before deducting placement agent fees and other offering expenses.
The closing of the Registered Direct Offering is expected... More
