authID enters amended services agreement with TPG (director's firm) for $70K/month

authID Inc.

authID amended services agreement with TPG (director-owned) on Oct 25, 2023; monthly fee $70,000.
TPG provides outsourced sales, BDRs, data classification, and automated dialing support.
Ken Jisser, authID director, is founder/CEO of TPG; transaction is a related party.
Initial term ends June 18, 2024; annualized fee ~$560,000.
Amendment supersedes prior agreement; confidential commercial terms omitted.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

authID Inc. entered into a supply with The Pipeline Group, Inc. valued at $70,000 per month (effective 2023-06-06).

Action: entry
Agreement: supply
Counterparty: The Pipeline Group, Inc.
Value: $70,000 per month
Effective: 2023-06-06

Exact text from the filing

(the “Company”) entered into a services agreement with The Pipeline Group, Inc. (“TPG”). Ken Jisser, a director of the Company, is the founder and CEO of TPG, a technology-enabled services company that aims to deliver business

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authID Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-081375

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