secwatch.observer — SEC 8-K summary
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Issuer:     authID Inc. (AUID)
CIK:        0001534154
Form:       8-K
Filed at:   2023-11-27T23:59:59+00:00
Accession:  0001213900-23-090267
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

authID raises ~$9.45M in registered direct offering at $6.00/share
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- Issues 1,574,990 shares at $6.00 each for aggregate gross proceeds of approximately $9.45 million.
- Purchasers include CEO/Chairman and three directors, plus Stephen J. Garchik.
- Madison Global Partners served as placement agent; receives 7% cash fee and warrants for 110,249 shares.
- Shares sold under existing shelf registration statement; lock-up agreements from directors and officers.
- Offering closed on November 22, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534154/000121390023090267/0001213900-23-090267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534154/000121390023090267/ea189066-8k_authidinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-090267

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