authID (NASDAQ: AUID) Thompson exits board role as director at authID
Rhea-AI Filing Summary
authID Inc. reported that director Michael C. Thompson resigned from the board on August 18, 2025, effective immediately. He also stepped down from the Audit, Governance, and Compensation Committees. The company stated that his resignation was for personal reasons and not due to any disagreement over authID's operations, policies, or practices.
The Board of Directors appointed Shrikrishna Venkataraman to fill the vacancy on the Audit Committee, helping maintain oversight of the company's financial reporting and controls.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 18, 2025, Michael C. Thompson resigned as a director of authID Inc. (the “Company”) and as a member of the Audit Committee, the Governance Committee and the Compensation Committee, effective immediately. Mr. Thompson's resignation was for personal reasons and not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. The Board of Directors appointed Shrikrishna Venkataraman to fill the vacancy on the Audit Committee.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| authID Inc. | ||
| Date: August 20, 2025 | By: | /s/ Edward Sellitto |
| Name: | Edward Sellitto | |
| Title: | Chief Financial Officer | |
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FAQ
What board change did authID (AUID) disclose in this 8-K?
authID disclosed that Michael C. Thompson resigned as a director, effective August 18, 2025, and also left the Audit, Governance, and Compensation Committees.
Why did Michael C. Thompson resign from authID's board?
The company stated that Mr. Thompson resigned for personal reasons and that his resignation was not due to any disagreement regarding authID's operations, policies, or practices.
Which authID board committees were affected by Thompson's resignation?
Mr. Thompson resigned from the Audit Committee, the Governance Committee, and the Compensation Committee in addition to his role as director.
Who replaced Michael C. Thompson on authID's Audit Committee?
The Board of Directors appointed Shrikrishna Venkataraman to fill the vacancy on the Audit Committee.
Does authID report any disagreement linked to Thompson's resignation?
No. authID states that Mr. Thompson's resignation was for personal reasons and not the result of any disagreement with the company on its operations, policies, or practices.
What is authID's trading symbol and exchange?
authID's common stock trades on The Nasdaq Stock Market, LLC under the symbol AUID.
