{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-100201","form_type":"8-K","ticker":"AUID","cik":"0001534154","company_name":"authID Inc.","filed_at":"2026-09-15T21:12:05+00:00","discovered_at":"2026-09-15T21:14:00.628164+00:00","generated_at":"2026-09-15T21:14:15.489629+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"authID draws $300K backstop, resets debenture conversion to $0.38, warrants to $0.57","bullets":["Backstop Commitment Agreement for up to $300K (or $500K if strategic-partner deal closes); $300K funded Sept 11, 2026.","Senior Secured Debenture conversion price fixed at $0.38/share for all holders as of Sept 9; director-held debentures excluded without stockholder approval.","Existing Warrants exercise price cut from $1.50 to $0.57/share; 750,000 five-year Commitment Fee Warrants issued at $0.57.","If funded, Backstop Debenture will be pari passu with SSBs, same collateral, exchangeable at $0.38; registration statement due within 30 days.","Company pursuing interim finance agreement with strategic partner; subordination agreement and Nasdaq 19.99% share cap apply."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-100201","json":"https://secwatch.observer/filing/0001213900-26-100201.json","markdown":"https://secwatch.observer/filing/0001213900-26-100201.md","text":"https://secwatch.observer/filing/0001213900-26-100201.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534154/000121390026100201/0001213900-26-100201-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534154/000121390026100201/ea0305605-8k_authid.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-15T21:14:15.489629+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}