authID.ai Announces Results of 2021 Annual Meeting

Rhea-AI Summary

authID.ai (Nasdaq: AUID) held its Annual Meeting of Shareholders via webcast on December 29, 2021. During the meeting, all nominated directors were re-elected, and all proposed resolutions were adopted. Shareholders approved an advisory 'Say-on-Pay' vote, which also included a decision on the frequency of future votes. CEO Tom Thimot provided an update on the company’s Q4 activities. authID.ai offers secure, mobile biometric identity authentication solutions, aiming to eliminate usernames and passwords through advanced technologies.

Positive

• Successful re-election of all nominated directors.
• Approval of advisory 'Say-on-Pay' vote by shareholders.

Negative

• None.

LONG BEACH, NY, Dec. 29, 2021 (GLOBE NEWSWIRE) -- – authID.ai [Nasdaq: AUID], a leading provider of secure, mobile, biometric identity authentication solutions, announced that the Annual Meeting of Shareholders was duly held via webcast on December 29, 2021.

At the meeting, all the directors nominated were duly re-elected and, all resolutions proposed were duly adopted. Stockholders also voted for the first time on an advisory “Say-on-Pay” vote, which was approved, including on the frequency of future Say-on-Pay votes. Shareholders also received an update on the Company’s activities in Q4 from Tom Thimot, CEO.

About authID.ai
authID.ai (Nasdaq: AUID), formerly Ipsidy, provides secure, mobile, biometric identity verification software products through an easy-to-integrate Identity as a Service (IDaaS) platform. authID’s suite of self-service biometric identity proofing and authentication solutions aims to frictionlessly eliminate all usernames and passwords through a consent-based facial matching system. Powered by sophisticated biometric and artificial intelligence technologies, authID aims to strengthen security and trust between businesses and their customers by helping to protect sensitive personal data. For more information, go to www.authid.ai.

Investor Relations Contact
Grace DeFries
authID.ai
gracedefries@authid.ai

Media Contacts
Erin Harrison / Natalie Shutts
The Bliss Group
eharrison@theblissgrp.com / nshutts@theblissgrp.com

FAQ

What happened at the authID.ai Annual Meeting of Shareholders on December 29, 2021?

At the meeting, all nominated directors were re-elected, and shareholders approved all proposed resolutions.

What is the significance of the 'Say-on-Pay' vote for authID.ai?

The 'Say-on-Pay' vote allows shareholders to express their opinions on executive compensation, which was approved during the meeting.

Who provided updates during the authID.ai Annual Meeting?

CEO Tom Thimot provided updates on the company's activities for Q4.

What does authID.ai specialize in?

authID.ai specializes in secure, mobile biometric identity authentication solutions.

What is the stock symbol for authID.ai?

The stock symbol for authID.ai is AUID.