---
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"
generated_at: "2026-09-15T21:14:15.489629+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# authID draws $300K backstop, resets debenture conversion to $0.38, warrants to $0.57

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-100201
- JSON: https://secwatch.observer/filing/0001213900-26-100201.json
- Plain text: https://secwatch.observer/filing/0001213900-26-100201.txt

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