authID Inc. - Common Stock (AUID)

DENVER, April 02, 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 closed its previously announced transaction with investors to sell 1,811,120 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 was $4.50 (each Pre-Funded Warrant will be exercisable into one share of common stock). The aggregate gross proceeds from the Offering were $8,150,000 before deducting placement agent fees and other offering expenses.

DENVER, 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.

The biometric verification and authentication leader was honored for setting a new standard in identity management with its advanced biometric solutions

Explore 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

DENVER, 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.

Dedicated findings highlight authID’s leadership in fast, frictionless, and accurate processes that do not compromise on compliance or privacy

Microlending platform Salus will leverage authID’s technology to provide applicants with intuitive and data-secure authentication

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).

The 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’s deterministic biometric authentication products recognized for providing the highest level of proficiency in the Identity Proofing and Verification category

authID to champion global standards that will shape the future of digital credentials and biometric authentication

The Verified platform's continuous authentication technology will revolutionize NGO operations by creating unprecedented transparency and accountability to donors, ultimately accelerating social impact initiatives

Austin, 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.

TurboCheck 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

DENVER, 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.

Seamless integration of authID’s Proof and Verified solutions helps enterprises reduce fraud at the call center

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).

DENVER, 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.

DENVER, 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.

Expands market presence into telecommunications vertical

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).

DENVER, 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.

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® (Nasdaq: AUID) (“authID”), a leading provider of biometric identity verification and authentication solutions, today released its latest white paper titled “The Spread of Deepfakes and How to Protect Yourself Against Them.” The paper provides a thorough examination of how deepfakes are spawned and continually enhanced, and how they are used for fooling both human and digital channels for committing fraud and other crimes.

Partnership to integrate and deliver authID’s next-gen biometric identity solutions to DataVisor’s global financial services and large enterprise customers