authID Inc
AUID

$9.45

2.27%

Market Cap: 103M

About: AuthID Inc is a company engaged in ensuring cyber-savvy enterprises "Know Who's Behind the Device" for every customer or employee login and transaction. Through its easy-to-integrate, patented, biometric identity platform, authID quickly and accurately verifies a user's identity, eliminating any assumption of who is behind a device and preventing cybercriminals from taking over accounts. authID combines digital onboarding, biometric passwordless authentication and account recovery, with a fast, accurate, user-friendly experience-delivering identity verification.

Employees: 22

Information Technology Prepackaged Software

0

Funds holding %

of 6,702 funds

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Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

900% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 1

1.88% more ownership

Funds ownership: 7.35% [Q4 2023] → 9.23% (+1.88%) [Q1 2024]

1% more capital invested

Capital invested by funds: $6.57M [Q4 2023] → $6.65M (+$82.9K) [Q1 2024]

5% less funds holding

Funds holding: 20 [Q4 2023] → 19 (-1) [Q1 2024]

50% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 2

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Research analyst outlook

We haven’t received any recent analyst ratings for AUID.

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Financial journalist opinion

authID and FinClusive Partner to Integrate Next-Gen Biometric and Financial Crimes Compliance Solutions, Enabling Robust Identity Management

Partnership sets new standards in compliance and security, while delivering the fastest, most seamless, and accurate user identity experience available

authID and FinClusive Partner to Integrate Next-Gen Biometric and Financial Crimes Compliance Solutions, Enabling Robust Identity Management

authID Announces Closing of $11,000,000 Million Registered Direct Offering

DENVER, June 27, 2024 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ: AUID) (“authID” or the “Company”), a leading provider of innovative biometric identity verification and authentication solutions, today announced it has closed its previously announced registered direct offering (the “Registered Direct Offering”) with investors to sell 1,464,965 shares of its common stock (the “Shares”). The purchase price for one Share was $7.50 (however, the purchase price for one share if the investor was a director of the Company was $8.16). The aggregate gross proceeds from the Registered Direct Offering were $11,000,000 million before deducting placement agent fees and other estimated offering expenses.

authID Announces Closing of $11,000,000 Million Registered Direct Offering

authID Announces 2024 Annual Shareholder Meeting Results

DENVER, June 26, 2024 (GLOBE NEWSWIRE) -- authID.ai [Nasdaq: AUID], a leading provider of innovative biometric identity verification and authentication solutions, today reported that its Annual Meeting of Shareholders was duly held via webcast today, June 26, 2024 at 10:00 am Eastern Time.

authID Announces 2024 Annual Shareholder Meeting Results

authID Announces Pricing of Approximately $11,000,000 Million Registered Direct Offering

DENVER, June 25, 2024 (GLOBE NEWSWIRE) -- authID Inc. (NASDAQ: AUID) (“authID” or the “Company”), a leading provider of innovative biometric identity verification and authentication solutions, today announced it has entered into a definitive agreement with investors to sell 1,464,965 shares of its common stock (the “Shares”), pursuant to a registered direct offering (the “Registered Direct Offering”). The purchase price for one Share will be $7.50 (however, if the Purchaser is a director of the Company, the Per Share Purchase Price will be $8.16). The aggregate gross proceeds from the Registered Direct Offering are expected to be approximately $11,000,000 million before deducting placement agent fees and other estimated offering expenses.

authID Announces Pricing of Approximately $11,000,000 Million Registered Direct Offering

authID to Hold Annual Meeting of Stockholders on June 26th

DENVER, May 20, 2024 (GLOBE NEWSWIRE) -- authID® [Nasdaq: AUID] a leading provider of innovative biometric identity verification and authentication solutions, today announced that its 2024 Annual Meeting of Stockholders will be held virtually on June 26, at 10:00 a.m. EDT.

authID to Hold Annual Meeting of Stockholders on June 26th

authID Inc. (AUID) Q1 2024 Earnings Call Transcript

authID Inc. (NASDAQ:AUID ) Q1 2024 Earnings Conference Call May 15, 2024 5:30 PM ET Company Participants Graham Arad - General Counsel Ed Sellitto - Chief Financial Officer Rhon Daguro - Chief Executive Officer Tom Szoke - Chief Technology Officer Conference Call Participants George Sutton - Craig-Hallum Alan Sasserath - Sasserath & Co. Graham Arad Greetings, and good afternoon. This is Graham Arad, General Counsel of authID.

authID Inc. (AUID) Q1 2024 Earnings Call Transcript

authID Inc. Reports Financial and Operating Results for the First Quarter Ended March 31, 2024

DENVER, May 15, 2024 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of innovative biometric identity verification and authentication solutions, today reported financial and operating results for the first quarter ended March 31, 2024.

authID Inc. Reports Financial and Operating Results for the First Quarter Ended March 31, 2024

authID Inc. Partners with IDMWORKS to Expand Reach of Its Biometric Identity Platform

authID to secure leading IAM provider's workforce and customer identity clients across North America from malicious, generative AI-driven cyberattacks

authID Inc. Partners with IDMWORKS to Expand Reach of Its Biometric Identity Platform

authID Selected by National Notarial Centralized Verification System For Secure Biometric Identity Assurance

Best-in-class identity fraud prevention, coupled with a secure, frictionless user experience to fortify a revolutionary online notary platform

authID Selected by National Notarial Centralized Verification System For Secure Biometric Identity Assurance

Leading Biometric Identify Verification & Authentication Firm authID Inc. Appoints Kunal Mehta to its Board of Directors

Company adds expert in global business development, and go-to-market growth strategy DENVER, March 26, 2024 (GLOBE NEWSWIRE) -- authID.ai [Nasdaq: AUID], a leading provider of innovative biometric identity verification and authentication solutions, today announced the appointment of Kunal Mehta to its Board of Directors, effective immediately. Mehta, a partner at Bain & Company, adds deep expertise in strategic growth areas targeted by authID: market expansion, go-to-market (GTM) strategy, and operational efficiency.

Leading Biometric Identify Verification & Authentication Firm authID Inc. Appoints Kunal Mehta to its Board of Directors

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