secwatch.observer — SEC 8-K summary
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Issuer:     authID Inc. (AUID)
CIK:        0001534154
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001213900-24-015925
Event type: leadership
Sentiment:  negative
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Chairman Joe Trelin resigns, Board falls below Nasdaq independent majority requirement
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- Joe Trelin resigned as Chairman and Director effective Feb 15, 2024; Board accepted Feb 20 and vested 6,511 unvested option shares.
- Board now has 6 directors (3 independent), below Nasdaq's majority independent requirement.
- Company seeking an additional independent director; cure period extends to next annual meeting or one year from vacancy.
- Michael Thompson appointed to Audit Committee on Feb 20, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534154/000121390024015925/0001213900-24-015925-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534154/000121390024015925/ea0200395-8k_authidinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-015925

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