authID Reveals Pricing Of $11M Direct Offering; To Sell 1.46M Shares At $7.50/Share

If the Purchaser is a director of the Company, the Per Share Purchase Price will be $8.16.

authID has earmarked the net proceeds for a number of initiatives. These include expanding sales and operations, to gain greater traction in those newer industries where it has recently acquired accounts. authID also plans to grow its customer success team to handle accelerated numbers of clients requiring support in going live on the authID platform.