other material
confidence high
sentiment neutral
materiality 0.60
authID raises ~$2.09M in registered offering of 373,060 shares at $5.60/share
authID Inc.
- Sold 373,060 common shares at $5.60 each, gross proceeds ~$2.09M; closed May 7, 2025.
- Co-placement agents Dominari Securities (8% cash fee) and Madison Global Partners (7% cash fee) handled the offering.
- Placement agents received warrants: 22,702 (Dominari) and 14,762 (Madison) shares at $5.60, 5-year term.
- Shares sold via shelf registration on Form S-3 (File No. 333-283580); Prospectus supplement dated May 7, 2025.