regulatory
confidence high
sentiment negative
materiality 0.85
authID receives Nasdaq deficiency notice for equity shortfall, faces possible delisting
authID Inc.
- Nasdaq notified authID on Aug 18, 2026 of non-compliance with Rule 5550(b)(1); stockholders' equity was $2,042,515 as of Jun 30, 2026 vs $2,500,000 minimum.
- Company has until Oct 2, 2026 to submit compliance plan; Nasdaq may grant extension up to Feb 14, 2027.
- If plan rejected or compliance not met, common stock subject to delisting; company may appeal to Nasdaq Hearings Panel.
- Management evaluating options to regain compliance; forward-looking statements cite substantial doubt about going concern.