secwatch.observer — SEC 8-K summary
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Issuer:     authID Inc. (AUID)
CIK:        0001534154
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001213900-23-081375
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534154/000121390023081375/0001213900-23-081375-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534154/000121390023081375/ea187301-8k_authidinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-081375

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer