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An update from Ipsidy ( (AUID) ) is now available.
On May 6, 2025, authID Inc. entered into a securities purchase agreement with accredited investors to issue and sell 373,060 shares of common stock at $5.60 per share, closing the offering on May 7, 2025. The company engaged Dominari Securities LLC and Madison Global Partners, LLC as co-placement agents, compensating them with fees and warrants, and reimbursing their legal expenses, which signifies a strategic financial maneuver to bolster its capital.
Spark’s Take on AUID Stock
According to Spark, TipRanks’ AI Analyst, AUID is a Neutral.
The overall score reflects significant financial challenges with negative profitability and inconsistent cash flow. Technical analysis shows mixed signals, with short-term weakness but some medium-term strength. Valuation metrics suggest potential overvaluation due to ongoing losses. The earnings call provided a positive outlook with substantial ARR growth and strategic partnerships, but highlighted financial and operational risks. The score indicates cautious optimism, with a need for strengthened financial performance and consistent execution of strategic initiatives.
To see Spark’s full report on AUID stock, click here.
More about Ipsidy
Average Trading Volume: 182,639
Technical Sentiment Signal: Sell
Current Market Cap: $77.75M
See more data about AUID stock on TipRanks’ Stock Analysis page.