authID prices 2.7M shares at $1.35 in registered direct offering

authID (AUID) entered into a definitive agreement with investors to sell approximately 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 will be $1.35. The aggregate gross proceeds from the Offering are expected to be 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 is expected to occur on or about November 24, subject to the satisfaction of customary closing conditions. Dominari Securities and Madison Global Partners acted as Co-Placement Agents for the offering.