T Stamp Faces Delay in Special Stockholder Meeting

The latest announcement is out from T Stamp, Inc. Class A ( (IDAI) ).

On March 18, 2025, T Stamp, Inc. announced that it was unable to hold a Special Meeting of Stockholders scheduled for May 15, 2025, due to insufficient votes for a quorum. This meeting was intended to ratify the issuance of warrants under a Securities Purchase Agreement with an institutional investor. As per the agreement, the company must call another meeting every ninety days until ratification is achieved or the warrants are no longer outstanding. T Stamp plans to hold another special meeting by August 13, 2025, to secure the necessary stockholder approval.

The most recent analyst rating on (IDAI) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on T Stamp, Inc. Class A stock, see the IDAI Stock Forecast page.

Spark’s Take on IDAI Stock

According to Spark, TipRanks’ AI Analyst, IDAI is a Neutral.

T Stamp, Inc. Class A faces significant financial difficulties, including declining revenues and heavy reliance on debt, resulting in a low financial performance score. Despite short-term technical bullish signals, the stock remains unattractive due to its negative earnings and lack of dividend yield, leading to an overall score that reflects these substantial challenges.

To see Spark’s full report on IDAI stock, click here.

More about T Stamp, Inc. Class A

T Stamp, Inc. operates in the technology industry, focusing on providing identity verification services and solutions. The company is engaged in developing innovative products that enhance security and privacy for individuals and organizations.

Average Trading Volume: 83,508

Technical Sentiment Signal: Sell

Current Market Cap: $5.91M

See more insights into IDAI stock on TipRanks’ Stock Analysis page.