---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-056729"
form_type: "8-K"
ticker: "AUID"
cik: "0001534154"
company_name: "authID Inc."
filed_at: "2024-06-27T23:59:59+00:00"
generated_at: "2026-06-01T00:59:42.810541+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# authID raises ~$11M in registered direct offering, reduces authorized shares to 150M

## Summary
- Sold 1,464,965 shares at $7.50 ($8.16 for insiders) for gross proceeds of approximately $11.0M.
- Placement agent Madison Global gets 7% cash fee ($770K) and warrants for 102,547 shares.
- Stockholders approved decrease in authorized common shares from 250M to 150M.
- Directors elected: Daguro, Jisser, Koehneman, Mehta, Szoke, Thompson, White (7).
- 2024 Equity Incentive Plan approved (395,000 shares); advisory say-on-pay and three-year frequency adopted.

## SEC filing metadata
- accession: 0001213900-24-056729
- form_type: 8-K
- ticker: AUID
- cik: 0001534154
- company_name: authID Inc.
- filed_at: 2024-06-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534154/000121390024056729/0001213900-24-056729-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534154/000121390024056729/ea0208660-8k_authid.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-056729
- JSON: https://secwatch.observer/filing/0001213900-24-056729.json
- Plain text: https://secwatch.observer/filing/0001213900-24-056729.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.