authID announces pricing of registered direct offering (NASDAQ:AUID)

  • authID (NASDAQ: AUID) entered into a definitive agreement with investors to sell 1,464,965 shares of its common stock, pursuant to a registered direct offering.
  • The purchase price for one share will be $7.50.
  • 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.
  • Source: Press Release