other material
confidence high
sentiment neutral
materiality 0.65
authID raises ~$8.15M via 1.36M shares and pre-funded warrants at $4.50
authID Inc.
- Issued 1,361,120 shares of common stock at $4.50 per share in registered offering.
- Issued pre-funded warrants to purchase 450,000 shares at $4.4999 (exercise price $0.0001).
- Placement agents Dominari and Madison received 7%-8% fees plus warrants for up to 172,555 shares.
- Offering closed April 1, 2025; gross proceeds estimated at ~$8.15 million.