---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-108219"
form_type: "8-K"
ticker: "AUID"
cik: "0001534154"
company_name: "authID Inc."
filed_at: "2026-10-09T12:00:19+00:00"
generated_at: "2026-10-12T15:18:06.556625+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# authID prices $1.35M convertible debentures at $0.386; EinStrong signs $2M licensing deal

## Summary
- Private placement: $1,350,000 senior secured convertible debentures convertible at $0.386 into 3,497,409 shares; warrants for 1,800,000 shares at $0.50.
- Gross proceeds $1.35M before fees; placement agent Madison Global Partners gets 7% cash fee and 244,819 warrants at $0.386 plus $25,000 legal reimbursement.
- April 2026 debentures' maturity extended from Oct 29, 2026 to Feb 28, 2027; related warrant exercise price cut from $0.57 to $0.50, director warrants need stockholder approval.
- EinStrong Charitable Foundation pays $1M for non-exclusive license of authID biometric ID tech, commits $1M more for de-duplication functionality and engineering support.
- CEO Thomas Szoke says monthly cash operating expenses cut roughly 40% vs Q1 2026; net proceeds for working capital, no debt repayment.

## SEC filing metadata
- accession: 0001213900-26-108219
- form_type: 8-K
- ticker: AUID
- cik: 0001534154
- company_name: authID Inc.
- filed_at: 2026-10-09T12:00:19+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534154/000121390026108219/0001213900-26-108219-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534154/000121390026108219/ea0308007-8k_authid.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-108219
- JSON: https://secwatch.observer/filing/0001213900-26-108219.json
- Plain text: https://secwatch.observer/filing/0001213900-26-108219.txt

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