authID Announces Pricing of Approximately $8,150,000 Million Registered Direct OfferingDENVER, March 31, 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 1,811,111 shares of its common stock (the “Shares”) and/or Pre-Funded Warrants (the “Pre-Funded Warrants”), pursuant to a registered direct offering (the “Registered Direct Offering”). The purchase price for one Share or Pre-Funded Warrant will be $4.50, (each Pre-Funded Warrant will be exercisable into one share of common stock). The aggregate gross proceeds from the Offering are expected to be approximately $8,150,000 million before deducting placement agent fees and other offering expenses.
authID Named "Best ID Management Platform" Award in 2025 FinTech Breakthrough AwardsThe biometric verification and authentication leader was honored for setting a new standard in identity management with its advanced biometric solutions
authID Publishes New Whitepaper on Next-Generation Deepfake Detection TechnologyExplore what deepfake creators are doing to evade detection, the impact of generative AI on deepfakes, the escalating threats in cybersecurity, and mitigation tactics to combat AI-driven fraud
authID to Report Fourth Quarter and Full Year 2024 Financial Results on March 13, 2025DENVER, Feb. 27, 2025 (GLOBE NEWSWIRE) -- authID® (Nasdaq: AUID) (“authID”), a leading provider of biometric identity verification and authentication solutions, today announced the Company will report financial results for the fourth quarter and full year ended December 31, 2024 on Thursday, March 13, 2025 after the market close. Following issuance of the earnings release, authID Chief Executive Officer, Rhon Daguro and Chief Financial Officer, Ed Sellitto will host a webcast at 5:00 p.m. EDT to discuss the financial results and provide a corporate update.
authID's Biometric Authentication and Groundbreaking Privacy Solutions Spotlighted in New Prism Project ReportDedicated findings highlight authID’s leadership in fast, frictionless, and accurate processes that do not compromise on compliance or privacy
authID’s Biometric Identity Platform Selected by Salus to Secure Its Financial Services Solutions for the UnderprivilegedMicrolending platform Salus will leverage authID’s technology to provide applicants with intuitive and data-secure authentication
authID Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)Denver, Jan. 29, 2025 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of secure identity verification and authentication solutions, today announced that the Company granted options as an inducement to new employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).
authID Launches PrivacyKey™, Embedding Groundbreaking Privacy and Compliance in Its Biometric Identity Authentication PlatformThe unmatched speed and accuracy of authID’s Proof and Verified identity authentication solutions now provide enterprises with care-free compliance that eliminates the issues and risks associated with biometric data storage.
authID Receives Industry Luminary Classification in The Prism Project’s 2024 Biometric Digital Identity Flagship ReportauthID’s deterministic biometric authentication products recognized for providing the highest level of proficiency in the Identity Proofing and Verification category
authID Joins the Accountable Digital Identity Association to Drive Reusable Identities Across the InternetauthID to champion global standards that will shape the future of digital credentials and biometric authentication
authID Bolsters Security and Transparency for Philanthropy Efforts with Program Expansion at EinStrong FoundationThe Verified platform's continuous authentication technology will revolutionize NGO operations by creating unprecedented transparency and accountability to donors, ultimately accelerating social impact initiatives
TurboCheck and authID Join Forces to Combat Fake Job CandidatesAustin, Dec. 16, 2024 (GLOBE NEWSWIRE) -- TurboCheck, the #1 tool for digital identity verification and authID® (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, have announced a groundbreaking partnership to tackle the escalating challenges of hiring fraud in the digital age. To date, TurboCheck has identified over 200,000 fake candidates, demonstrating the scale of the problem and the critical need for advanced fraud detection solutions.
authID Expands Workforce Verification Customer Base, Signs Agreement with TurboCheck to Combat Employment Identity FraudTurboCheck will rely on authID’s biometric identity verification solutions to verify new candidates and employees across its SaaS platform in response to the growing threat of fraudulent job candidates
authID Selected by Berify to Establish Biometric Identity Assurance for Millions of Identities Across Its Global PlatformsDENVER, Dec. 02, 2024 (GLOBE NEWSWIRE) -- authID® (Nasdaq: AUID) (“authID”), a leading provider of biometric identity verification and authentication solutions, today announced Berify, an authentication, consumer experience & signal harnessing organization, as a customer and OEM partner. Berify will secure its global user base with authID’s ProofTM and VerifiedTM solutions for onboarding and authenticating, and will OEM authID’s biometric solutions as a part of its platform to solve multiple enterprise use cases in the Asia Pacific market.
authID Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)Denver, Nov. 15, 2024 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of secure biometric identity verification and authentication solutions, today announced that the Company granted an option as an inducement to a new employee entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).
authID Signs $10 Million Agreement to Deliver Next Generation Authentication Security in IndiaDENVER, Nov. 04, 2024 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced a $10 million, multi-year agreement with a next-generation AI company specializing in custom solutions for global multi-national companies to enable authentication for a range of industries in India.
authID to Report Third Quarter 2024 Financial Results on November 7, 2024DENVER, Oct. 24, 2024 (GLOBE NEWSWIRE) -- authID® (Nasdaq: AUID) (“authID”), a leading provider of secure identity verification and authentication solutions, today announced the Company will report financial results for the third quarter ended September 30, 2024 on Thursday, November 7, 2024. Following issuance of the results release, authID Chief Executive Officer, Rhon Daguro and Chief Financial Officer, Ed Sellitto will host a conference call and webcast at 5:00 p.m. EDT to discuss the financial results and provide a corporate update.
authID Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)Denver, Oct. 15, 2024 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of secure identity verification and authentication solutions, today announced that the Compensation Committee of the Company approved the grant of options as an inducement to new employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).
authID Appoints Identity Industry Veteran Erick Soto as Chief Product OfficerDENVER, Sept. 24, 2024 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced the appointment of Erick Soto as Chief Product Officer.
authID Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)Denver, Sept. 19, 2024 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced the grant of non-qualified options to purchase 25,000 shares of common stock to one new employee (the “Option”). The Option grant date is September 9, 2024, the exercise price is $7.99 per share and the Option vests in equal amounts monthly over a period of three years, subject to continued employment. The term of the Option is ten years. The Option was granted as an inducement to this employee entering into employment in accordance with Nasdaq Listing Rule 5635(c)(4).
authID Partners with DataVisor, A Leading Fraud and Risk Platform, Through Global OEM AgreementPartnership to integrate and deliver authID’s next-gen biometric identity solutions to DataVisor’s global financial services and large enterprise customers
authID Inc. Partners with Kaiasoft.com to Elevate Best-In-Class SaaS Applications with Biometric Identity AssuranceauthID to stop malicious, generative AI-driven cyberattacks and deepfakes for Kaiasoft.com SaaS clients across America and Europe
authID and FinClusive Partner to Integrate Next-Gen Biometric and Financial Crimes Compliance Solutions, Enabling Robust Identity ManagementPartnership sets new standards in compliance and security, while delivering the fastest, most seamless, and accurate user identity experience available
authID Announces Closing of $11,000,000 Million Registered Direct OfferingDENVER, June 27, 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 closed its previously announced registered direct offering (the “Registered Direct Offering”) with investors to sell 1,464,965 shares of its common stock (the “Shares”). The purchase price for one Share was $7.50 (however, the purchase price for one share if the investor was a director of the Company was $8.16). The aggregate gross proceeds from the Registered Direct Offering were $11,000,000 million before deducting placement agent fees and other estimated offering expenses.
authID Announces 2024 Annual Shareholder Meeting ResultsDENVER, June 26, 2024 (GLOBE NEWSWIRE) -- authID.ai [Nasdaq: AUID], a leading provider of innovative biometric identity verification and authentication solutions, today reported that its Annual Meeting of Shareholders was duly held via webcast today, June 26, 2024 at 10:00 am Eastern Time.
authID Announces Pricing of Approximately $11,000,000 Million Registered Direct OfferingDENVER, 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 deducting placement agent fees and other estimated offering expenses.
authID and Syntrove Announce OEM Partnership for authID’s Secure Biometric Identity ServicesExpands reach of authID’s next-gen biometric identity platform with integration to Syntrove’s risk and fraud technology platform
Leading Biometric Identify Verification Firm authID Inc. to Participate in Deep Knowledge Investing Webinar on June 5, 2024DENVER, June 04, 2024 (GLOBE NEWSWIRE) -- authID [Nasdaq: AUID], a leading provider of innovative biometric identity verification and authentication solutions, today announced the Company’s executive leadership team will participate in an investor-focused webinar with Deep Knowledge Investing (DKI) on Wednesday, June 5, 2024 at 12:00pm EDT. DKI Founder, Gary Brode, will moderate the conversation with authID CEO Rhon Daguro, CFO Ed Sellitto, CTO Thomas Szoke and Board Director Kunal Mehta on the company’s go-to-market strategy, growth progress, and guidance.
authID to Hold Annual Meeting of Stockholders on June 26thDENVER, May 20, 2024 (GLOBE NEWSWIRE) -- authID® [Nasdaq: AUID] a leading provider of innovative biometric identity verification and authentication solutions, today announced that its 2024 Annual Meeting of Stockholders will be held virtually on June 26, at 10:00 a.m. EDT.
authID Inc. Partners with IDMWORKS to Expand Reach of Its Biometric Identity PlatformauthID to secure leading IAM provider’s workforce and customer identity clients across North America from malicious, generative AI-driven cyberattacks
authID Selected by National Notarial Centralized Verification System For Secure Biometric Identity AssuranceBest-in-class identity fraud prevention, coupled with a secure, frictionless user experience to fortify a revolutionary online notary platform
authID Announces Key Customer Launches in Q1DENVER, April 02, 2024 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of innovative biometric identity verification and authentication solutions, today announced several new client deployments during the first quarter of 2024, driving greater customer satisfaction, and increased quarterly revenue for authID.
authID and Verified Inc. Partner to Launch 1-Click Identity VerificationCombining best-in-class identity fraud and account takeover prevention with a secure, frictionless customer onboarding experience
authID Inc. Announces Change to its Board of Directors for Next Phase of GrowthDENVER, Feb. 22, 2024 (GLOBE NEWSWIRE) -- authID.ai [Nasdaq: AUID], a leading provider of innovative biometric identity verification and authentication solutions, today announced that Chairman Joe Trelin has retired from the Company’s Board of Directors effective February 20, 2024.
authID Positions for Strong Growth in Biometric Identity Verification and Authentication with New Identity Domain TalentDENVER, Feb. 08, 2024 (GLOBE NEWSWIRE) -- authID® [Nasdaq: AUID], a leading provider of innovative biometric identity verification and authentication solutions, today announced the appointment of new talent that will position the Company for further growth in 2024 and beyond. Following the successful completion of its November 2023 fund-raise, the Company is expanding its sales, customer success, and engineering teams to drive quick execution on its sales and product pipeline and capitalize on the global demand for secure and seamless biometric authentication solutions.
authID Achieves 12x Year Over Year Growth 2x Faster Than PlannedSecures ~$3 Million in Sales Bookings, Strengthens Financial Position, and Expands Innovation
authID Announces Adoption of Inducement Grant Plan Under Nasdaq Listing Rule 5635(c)(4)Denver, Jan. 16, 2024 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of secure identity verification and authentication solutions, today announced that on December 21, 2023 the Compensation Committee of the Company adopted an Inducement Grant Plan (the “Inducement Plan”), and allocated up to 185,000 shares of common stock of the Company (“Shares”) to be subject to option awards under the Inducement Plan (“Options”). The Inducement Plan is intended for the grant of Options as an inducement to new employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).
authID Continues Growth Momentum with Strong Q4 SalesDENVER, Jan. 04, 2024 (GLOBE NEWSWIRE) -- authID® [Nasdaq: AUID], a leading provider of innovative biometric identity verification and authentication solutions, today announced that it signed new customer contracts with gross Booked Annual Recurring Revenue or bARR (as defined below) preliminarily valued at $1.7 million during the fourth quarter of 2023. This achievement continues the momentum seen throughout the entirety of 2023, with Q4 bookings representing a 64% increase over the Company’s third quarter.
authID Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)Denver, Dec. 01, 2023 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of secure identity verification and authentication solutions, today announced the grant of non-qualified options to purchase 10,000 shares of common stock to one new employee (the “Option”). The Option grant date is December 1, 2023, the exercise price is $9.85 per share and the Option vests in equal thirds, annually over a period of three years, subject to continued employment. The Option was granted as an inducement to this employee entering into employment in accordance with Nasdaq Listing Rule 5635(c)(4).
Entertainment Social Commerce Platform, PickleJar, Selects authID to Deliver Trusted IdentityHigh-level identity assurance to strengthen digital engagement and payments between creative artists and followers.
authID INC. Announces Closing of $9.4 Million Registered Direct OfferingDENVER, Nov. 27, 2023 (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 closed its previously announced registered direct offering (the “Registered Direct Offering”) with investors to sell 1,574,990 shares of its common stock (the “Shares”). The purchase price for one Share in the Registered Direct Offering was $6.00. The aggregate gross proceeds from the Registered Direct Offering were approximately $9.4 million, before deducting placement agent fees and other estimated offering expenses.
authID Inc. Announces Pricing of Approximately $9.4 Million Registered Direct OfferingDENVER, Nov. 20, 2023 (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 1,574,990 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 $6.00. The aggregate gross proceeds from the Offering are expected to be approximately $9.4 million before deducting placement agent fees and other estimated offering expenses.
Bieases, an International Fintech Provider, Selects authID to Secure Digital WalletAdding best-in-class identity fraud and account takeover prevention with a secure, frictionless customer onboarding and authentication experience
authID Continues to Innovate its Patented Identity Verification Platform with the Launch of Verified 3.8Best-in-class identity security delivers the fast, frictionless, and precise user experience that secures digital ecosystems from fraud and ensures they “Know Who’s Behind the Device”.
authID Renews ISO 27001:2013 Certification for Information Security Management SystemsAccreditation reaffirms commitment to managing its biometric identity platform and data assets to the highest internationally recognized security standards
authID Announces Ed Sellitto as Incoming Chief Financial OfficerExperienced Corporate Finance and Revenue Optimization Executive to Join authID
authID Empowers ABM To Deploy Passwordless Authentication for Shared Devices Across the EnterprisePasswordless authentication secured and simplified with authID’s facial biometric, multi-factor authentication
authID Hires Sales Leaders to Drive Biometric Identity Verification and Authentication GrowthDENVER, July 12, 2023 (GLOBE NEWSWIRE) -- -- authID® [Nasdaq: AUID] a leading provider of innovative biometric identity verification and authentication solutions is pleased to announce the appointment of Greg Manship, Dale Daguro, and Jeff Scheidel as Vice Presidents of Sales. This follows the successful completion of our recent fund raising, allowing authID to focus on the execution of its sales strategy and capitalize on the strong demand for secure and reliable biometric authentication solutions.
authID Announces Reverse Stock Split Effective Monday July 10, 2023DENVER, July 07, 2023 (GLOBE NEWSWIRE) -- authID® [Nasdaq: AUID] (the “Company”) a leading provider of innovative biometric identity verification and authentication solutions today announced that effective before market open on July 10, 2023 it will complete a 1-for-8 reverse stock split of its common stock (“Reverse Stock Split”).
authID Announces New Customer ContractsDENVER, July 06, 2023 (GLOBE NEWSWIRE) -- authID® [Nasdaq: AUID], a leading provider of innovative biometric identity verification and authentication solutions, today announced that it has secured new customer contracts with an estimated aggregate Booked Annual Recurring Revenue or BARR (as defined below) of approximately $239,000 during the quarter ended June 30, 2023.
authID Announces 2023 Annual Meeting ResultsDenver, June 26, 2023 (GLOBE NEWSWIRE) -- authID® [Nasdaq: AUID] a leading provider of secure identity authentication solutions today reported that its Annual Meeting of Shareholders was duly held via webcast today, June 26 at 10:00 am Eastern Time.
authID INC. Announces Pricing of Approximately $7.1 Million Registered Direct Offering and Concurrent Private Placement and Approximately $7.1 Million Notes ExchangeDENVER, May 23, 2023 (GLOBE NEWSWIRE) -- authID Inc. (
NASDAQ: AUID) (“authID” or the “Company”), a leading provider of secure identity authentication solutions, today announced it has entered into a definitive agreement with accredited investors to sell approximately 15.5 million shares of its common stock (the “Shares”), pursuant to a registered direct offering (the “Registered Direct Offering”), and a concurrent private placement (the “Private Placement”). The purchase price for one Share in the Registered Direct Offering and the concurrent Private Placement will be $0.458 (or $0.50 if the purchaser is a director of the Company). The aggregate gross proceeds from the Registered Direct Offering and the concurrent Private Placement are expected to be approximately $7.1 million before deducting placement agent fees and other estimated offering expenses.
authID to Hold Annual Meeting of Stockholders on June 26thDENVER, May 18, 2023 (GLOBE NEWSWIRE) -- -- authID® [Nasdaq: AUID] a leading provider of secure identity authentication solutions, today announced that its 2023 Annual Meeting of Stockholders will be held virtually on June 26, at 10:00 a.m. EDT/8:00 a.m. MDT.
