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Trust Stamp to raise $2M through direct offering and private placement
Proactiveinvestors NA· 2024-09-03 14:15
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs, focusing on medium and small-cap markets, as well as blue-chip companies and broader investment stories [2][3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3][4] Group 2 - The company utilizes technology to enhance workflows and has a team with decades of expertise [3] - Proactive employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [4]
Trust Stamp Announces Pricing of Registered Direct Offering and Warrant Inducement, Priced At-The-Market, for Aggregate Gross Proceeds of $2.0 Million
GlobeNewswire News Room· 2024-09-03 12:40
Atlanta, GA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company™ providing AI-powered software used globally across multiple sectors, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 1,432,399 shares of common stock (or pre-funded warrants in lieu thereof) in a registered direct offering priced at-the-market under Nasdaq rules. In a concurrent private placement, the Company also agreed to ...
Trust Stamp narrows net loss as revenue and customer enrollments grow
Proactiveinvestors NA· 2024-08-13 14:41
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
Trust Stamp Provides a Business Report and Financial Results for the Six Months Ended June 30, 2024
GlobeNewswire News Room· 2024-08-13 13:50
Atlanta, GA, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company™ providing AI-powered software used globally across multiple sectors, announced financial results and provided a business update for the six months ended June 30, 2024. These included a 100% year-on-year increase in enrolled customers and increases in Net Revenue for each of the quarter and six-month periods ending June 30, 2024. Trust Stamp Chief Executive Officer Gareth N. Genner commented, "I am ...
Trust Stamp shares skyrocket on $5M license deal with drone firm Boumarang
Proactiveinvestors NA· 2024-08-07 13:38
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content delivery [3][4] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [4]
Trust Stamp partners with Botdoc to enhance identity verification
Proactiveinvestors NA· 2024-07-23 14:07
About this content About the publisher We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. Proactive has always been a forward looking and enthusiastic technology adopter. Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resour ...
Trust Stamp signs letter of intent with Qenta for strategic alliance
Proactiveinvestors NA· 2024-07-18 14:21
Group 1 - Proactive is focused on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories to engage private investors [1] - The company has a global presence with news teams located in major finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [4] - Proactive employs automation and software tools, including generative AI, but ensures that all content is edited and authored by humans to maintain quality and best practices [5][6] Group 2 - The financial news and online broadcast teams at Proactive provide fast, accessible, informative, and actionable business and finance news to a global audience [6] - The content covers various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [7] - The team consists of experienced news journalists with decades of expertise, utilizing technology to enhance their workflows [8]
Trust Stamp announces a Letter of Intent for a transformative strategic alliance
GlobeNewswire News Room· 2024-07-18 13:30
Genner went on to say, "Qenta's interlocking products and services, including the QOS blockchain, bridge the gap between legacy financial rails and the new, digital and tokenized economy and will be further enhanced by Trust Stamp's proprietary technology providing secure, tokenized identity services ensuring both compliance and privacy. Given that twenty of our issued patents and nine of our pending patents are directly related to tokenization of identity and data, I believe that Trust Stamp is well positi ...
Trust Stamp discusses its evolution to serving diverse global markets as a SaaS provider of Artificial Intelligence powered technologies and the application for its 37th patent
Newsfilter· 2024-07-12 14:00
Core Insights - Trust Stamp has filed for its 37th patent, showcasing its commitment to innovation in AI-powered technologies and reflecting significant growth in its customer base as reported in the H1 2024 Business Report [1][5] Patent Portfolio - The latest patent application focuses on Zero Knowledge Proof technology, with recent filings addressing AI-powered injection attacks, deep fake technology, and AI-powered age estimation [2] - Trust Stamp's existing portfolio includes 22 issued and 14 pending patents covering identity and data tokenization, multi-factor authentication, facial biometric technologies, and presentation attack detection [2] - Additional innovations in the patent portfolio include a pending patent for Metaverse applications, an issued patent for cryptographic asset ownership, and a pending patent for a tamper-resistant identity bracelet [2] Customer Base and Business Model - Trust Stamp has transitioned to a SaaS delivery model, resulting in a significant increase in its customer base from two long-term customers at the end of 2022 to over seventy customers today [5] - The company has expanded its service offerings beyond financial services to various sectors including payments, insurance, public safety, healthcare, and more [8] Research and Development - Trust Stamp boasts a diverse R&D team from twenty-two countries, emphasizing its focus on developing AI-powered technologies and the frequency of its patent filings [6]
Trust Stamp President announces substantial H1-2024 growth including the 69th customer on its low-code Orchestration Layer platform
GlobeNewswire News Room· 2024-07-11 13:30
Atlanta, GA, July 11, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), announced that in H1 of 2024 it has onboarded 21 new customers to its low-code Orchestration Layer platform, bringing the total number to 69, while growing its overall financial services customer base in the United States and internationally and increasing the industries served. Andrew Gowasack continued, "I will start by observing that there is an unprecedented need for our AI-powered identity and fraud mitigation products because o ...