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authID Inc Announces 2022 Annual Meeting Results

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authID (Nasdaq: AUID), a leader in mobile biometric identity authentication, held its Annual Meeting of Shareholders on September 20, 2022. During the meeting, all nominated directors were re-elected, and all proposed resolutions were adopted. CEO Tom Thimot provided an update on the company's recent activities after the meeting. authID specializes in secure identity verification solutions through its Verified™ platform, utilizing facial matching technology to enhance security and trust between businesses and customers.

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Positive

  • All nominated directors were re-elected.
  • All proposed resolutions were adopted.

Negative

  • None.

News Market Reaction – AUID

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-3.50% News Effect

On the day this news was published, AUID declined 3.50%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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DENVER, Sept. 20, 2022 (GLOBE NEWSWIRE) -- authID (Nasdaq: AUID) a leading provider of secure, mobile, biometric identity authentication solutions, today reported that its Annual Meeting of Shareholders was duly held via webcast today, September 20 at 10:00 am Eastern Time.

At the meeting, all the directors nominated were duly re-elected and, all resolutions proposed were duly adopted. Shareholders also received an update on the Company’s activities following the adjournment of the meeting, from Tom Thimot authID’s CEO.

About authID Inc.
At authID (Nasdaq: AUID), We Are Digital Identity®. authID provides secure, mobile, biometric identity verification software products through VerifiedTM, an easy-to-integrate Identity as a Service (IDaaS) platform. Our suite of self-service biometric identity verification and authentication solutions frictionlessly eliminate passwords through consent-based facial matching. Powered by sophisticated biometric and artificial intelligence technologies, authID aims to strengthen security and trust between businesses and their customers. For more information, go to: www.authid.ai.

Investor Relations Contacts:  
Grace DeFries
authID SVP, Marketing Communications & Investor Relations
investor-relations@authID.ai
 Ina McGuinness
The Bliss Group
805.427.1372

FAQ

What happened at the authID Annual Meeting of Shareholders on September 20, 2022?

At the authID Annual Meeting, all nominated directors were re-elected, and all proposed resolutions were adopted.

Who provided updates during the authID shareholders meeting?

CEO Tom Thimot provided updates on the company's activities during the meeting.

What is authID's main business focus?

authID focuses on secure, mobile, biometric identity verification through its Verified™ platform.