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AuthID Closes $3.7 Million Direct Offering
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AuthID Closes $3.7 Million Direct Offering
Nov 24, 2025 10:38 AM

01:29 PM EST, 11/24/2025 (MT Newswires) -- AuthID ( AUID ) said Monday it has closed its registered direct offering to investors, raising gross proceeds of about $3.7 million for working capital and general corporate purposes.

The company said it sold about 2.7 million shares and/or pre-funded warrants in the offering.

Shares were down over 8% in recent trading.

Price: 1.23, Change: -0.11, Percent Change: -8.21

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