authID prices up to $1.35 million senior secured convertible debenture private placement

Bitget2026/10/09 12:02

authID priced a private placement offering of up to $1.35 million of Senior Secured Convertible Debentures. Debentures convertible at $0.386 per share; warrants issued with a $0.50 exercise price, subject to stockholder approval. Holders of April 2026 Senior Secured Debentures agreed to extend maturity to Feb. 28, 2027. Closing expected to begin on or about Oct. 6, 2026; proceeds earmarked for working capital, general corporate purposes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Authid Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-108219), on October 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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