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.
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