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News 2026-10-09 12:05 UTC

authID raises $1.35M via secured convertible debentures

authID completed a private financing anchored by $1.35 million in senior secured convertible debentures and issued new investor warrants. The zero-coupon notes convert at $0.386 per share and mature Feb 28, 2027, alongside 1.8 million five-year warrants exercisable at the stated price.