{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-043563","form_type":"8-K","ticker":"AUID","cik":"0001534154","company_name":"authID Inc.","filed_at":"2023-05-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.301016+00:00","generated_at":"2026-06-14T12:53:33.733406+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"authID raises ~$8.4M equity and exchanges notes for 19M shares; regains Nasdaq equity compliance","bullets":["Sold 17.9M shares (8.98M registered + 8.90M PIPE) at $0.458/share for ~$8.4M gross proceeds.","Issued 19.0M shares to Convertible Note holders at ~$0.472/share in exchange for cancellation of notes.","CEO and four directors participated; Garchik's $900k promissory note cancelled via share offset.","Company believes it regained compliance with Nasdaq minimum $2.5M stockholders' equity requirement.","Madison Global Partners placed the offering for 7% cash fee and warrants to buy 1.25M shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-043563","json":"https://secwatch.observer/filing/0001213900-23-043563.json","markdown":"https://secwatch.observer/filing/0001213900-23-043563.md","text":"https://secwatch.observer/filing/0001213900-23-043563.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534154/000121390023043563/0001213900-23-043563-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534154/000121390023043563/ea179371-8k_authidinc.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T12:53:33.733406+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"36da22b66e190ca243235a9c9474be7564af07ab","claim":"authID Inc. entered into Securities Purchase Agreement with accredited investors valued at Company issuing shares to Purchasers (effective 2023-05-23).","evidence_excerpt":"EX-10.1 3 ea179371ex10-1_authidinc.htm FORM OF SECURITIES PURCHASE AGREEMENT, DATED AS OF MAY 23, 2023, BETWEEN THE COMPANY AND ACCREDITED INVESTORS","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534154/000121390023043563/0001213900-23-043563-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"accredited investors"},{"label":"Value","value":"Company issuing shares to Purchasers"},{"label":"Effective","value":"2023-05-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}