authID Announces Pricing of Approximately $3,675,000 Registered Direct Offering

Core Points - authID Inc. has entered into a definitive agreement to sell approximately 2,688,747 shares of its common stock and/or Pre-Funded Warrants at a purchase price of $1.35 per share, with expected gross proceeds of approximately $3,675,000 before expenses [1][2] Group 1: Offering Details - The Registered Direct Offering is expected to close on or about November 24, 2025, subject to customary closing conditions [2] - Dominari Securities LLC and Madison Global Partners, LLC acted as Co-Placement Agents for the offering [2] - The offering is made pursuant to a shelf registration statement filed with the SEC, and a prospectus supplement will be available [3] Group 2: Company Overview - authID provides biometric identity verification and authentication solutions, ensuring enterprises can accurately verify user identities [5] - The company boasts a 1-in-1-billion False Positive Rate, enhancing security and user experience [5] - authID's IDX platform secures a distributed workforce and addresses fraud prevention, deepfake detection, and password risks [5]