authID announces closing of $3.68M registered direct offering

authID (AUID) announced it has closed the definitive agreement with investors to sell 2,688,747 shares of its common stock and/or Pre-Funded Warrants, pursuant to a registered direct offering. The purchase price for one Share and/or Pre-Funded Warrant was $1.35. The aggregate gross proceeds from the Offering were approximately $3,675,000 before deducting placement agent fees and other offering expenses. The company’s Registered Direct Offering was led by Kyle Wool and Steve Garchik. The closing of the Registered Direct Offering occurred on November 24, 2025. Dominari Securities LLC and Madison Global Partners, LLC, acted as Co-Placement Agents for the offering. authID intends to use the net proceeds for working capital and general corporate purposes.