AuthID宣布私募发行定价

2026-10-06 04:41

authID (AUID) on Monday priced its senior secured convertible debentures and warrants pursuant to a private placement offering.
The debentures are convertible into common stock at the option of each holder at a price of $0.386. The warrants will have an exercise price of $0.50.
The aggregate gross proceeds from the offering are expected to be nearly nearly $1.35M before deducting placement agent fees and other offering expenses.
authID intends to use the net proceeds for working capital and general corporate purposes.
The offering is expected to close on or about October 6, 2026.
The holders of senior secured debentures, issued in April 2026, agreed to extend the maturity date of their debentures to February 28, 2027, the company said.
Shares of authID fell more than 6% in extended trading.
Press Release

More on authID