Welcome to our dedicated page for AUTHID news (Ticker: AUID), a resource for investors and traders seeking the latest updates and insights on AUTHID stock.
AuthID Inc. (Nasdaq: AUID) delivers cutting-edge biometric identity verification solutions that empower enterprises to combat digital fraud and streamline secure user authentication. This dedicated news hub provides investors and industry professionals with essential updates on the company's technological advancements, strategic partnerships, and market positioning.
Discover official press releases covering product innovations, financial performance, and cybersecurity initiatives. Our curated collection ensures timely access to AuthID's developments in facial biometrics, passwordless authentication, and AI-driven fraud detection – critical areas shaping modern enterprise security landscapes.
Key updates include regulatory compliance milestones, technology patent announcements, and cross-industry deployment case studies. Bookmark this page for centralized access to AuthID's evolving role in redefining secure digital interactions across financial services, telecommunications, and regulated sectors.
authID (NASDAQ: AUID), a provider of biometric identity verification and authentication solutions, held its 2025 Annual Meeting of Shareholders on June 26, 2025 at 10:00 am Eastern Time via webcast. The meeting concluded successfully with shareholders approving all proposed resolutions and electing all nominated directors.
authID (Nasdaq: AUID) has announced a strategic partnership with Prove to combat AI-generated deepfake fraud through advanced biometric identity verification. The collaboration integrates authID's ProofTM, VerifiedTM, and PrivacyKeyTM technologies into Prove's platform to detect and prevent synthetic identities and video-based impersonation attacks.
The partnership leverages authID's industry-leading accuracy with a 1:1 billion false match rate to protect enterprise customers globally. This integration aims to strengthen Prove's identity proofing capabilities, particularly important as the company expands its global presence in serving financial institutions.
authID (NASDAQ: AUID) has successfully closed a registered direct offering of 373,060 shares of common stock at $5.60 per share, raising gross proceeds of approximately $2.1 million. The offering, which closed on May 7, 2025, was led by investor Kyle Wool, with Dominari Securities LLC and Madison Global Partners, LLC serving as Co-Placement Agents. The company, which specializes in biometric identity verification and authentication solutions, plans to use the net proceeds for working capital and general corporate purposes. The shares were offered under a shelf registration statement that became effective on December 13, 2024.
authID (NASDAQ: AUID) has announced a registered direct offering of approximately 373,060 shares of common stock at $5.60 per share, aiming to raise gross proceeds of approximately $2.1 million. The offering, co-placed by Dominari Securities LLC and Madison Global Partners, LLC, is expected to close around May 7, 2025. The company plans to use the net proceeds for working capital and general corporate purposes. The shares are being offered through a shelf registration statement (Registration No. 333-283580) that was declared effective by the SEC on December 13, 2024.
authID, a leader in biometric identity verification solutions, has scheduled its Q1 2025 earnings release for May 13, 2025, after market close. The company will discuss its financial performance for the quarter ending March 31, 2025.
CEO Rhon Daguro and CFO Ed Sellitto will host a webcast at 5:00 p.m. ET to present the results and provide updates. Participants can join through a registration link and are advised to connect 15 minutes before the start time to avoid delays.
The presentation will be accessible through a live webcast on the company's investor relations website at investors.authid.ai. Only conference call participants will have the opportunity to ask questions. A replay and presentation materials will remain available for 90 days on authID's Investor Relations Events page.
authID and TechDemocracy have formed a strategic partnership to advance passwordless identity solutions in cybersecurity. TechDemocracy will certify 25 professionals on authID's platform, which includes Proof, Verified, and PrivacyKey™ solutions featuring one-in-one-billion false-match accuracy.
Key initiatives include:
- Development of QuickStart accelerators for Ping Identity and Microsoft Entra integration
- Creation of white papers and webinars on passwordless authentication
- Complimentary workshops led by Field CISO team
The partnership aims to expand adoption of biometric authentication while ensuring privacy through PrivacyKey technology, which stores zero biometric data. This collaboration combines authID's biometric solutions with TechDemocracy's 25 years of Identity and Access Management expertise.