authID Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
authID (Nasdaq: AUID) has announced the granting of stock options as inducement awards to two new employees. The first employee received options to purchase 20,000 shares at an exercise price of $5.99 per share, while the second employee received options to purchase 30,000 shares at $5.89 per share. These options will vest monthly over three years in 36 equal installments, contingent on continued employment, and have a 10-year term. The grants were made in accordance with Nasdaq Listing Rule 5635(c)(4).
authID (Nasdaq: AUID) ha annunciato l'assegnazione di opzioni su azioni come premi di indennità a due nuovi dipendenti. Il primo dipendente ha ricevuto opzioni per acquistare 20.000 azioni a un prezzo di esercizio di $5,99 per azione, mentre il secondo dipendente ha ricevuto opzioni per acquistare 30.000 azioni a $5,89 per azione. Queste opzioni si matureranno mensilmente per tre anni in 36 rate uguali, soggette a continuazione del rapporto di lavoro, e hanno un termine di 10 anni. Le assegnazioni sono state effettuate in conformità con la Regola di Ammissione 5635(c)(4) di Nasdaq.
authID (Nasdaq: AUID) ha anunciado la concesión de opciones sobre acciones como premios de inducción a dos nuevos empleados. El primer empleado recibió opciones para comprar 20,000 acciones a un precio de ejercicio de $5.99 por acción, mientras que el segundo empleado recibió opciones para comprar 30,000 acciones a $5.89 por acción. Estas opciones se devengarán mensualmente durante tres años en 36 parcelas iguales, condicionadas a la continuidad del empleo, y tienen un plazo de 10 años. Las concesiones se realizaron de acuerdo con la Regla de Inscripción 5635(c)(4) de Nasdaq.
authID (Nasdaq: AUID)가 두 명의 신입 직원에게 유도 상으로 주식 옵션을 부여했다고 발표했습니다. 첫 번째 직원은 주당 $5.99의 행사 가격으로 20,000 주를 구매할 수 있는 옵션을 받았고, 두 번째 직원은 주당 $5.89의 가격으로 30,000 주를 구매할 수 있는 옵션을 받았습니다. 이 옵션들은 3년 동안 매달 분할 지급되며, 계속 고용될 경우에 한하며, 10년의 기간을 갖습니다. 이 부여는 Nasdaq 상장 규정 5635(c)(4)에 따라 이루어졌습니다.
authID (Nasdaq: AUID) a annoncé l'octroi d'options d'achat d'actions sous forme de primes incitatives à deux nouveaux employés. Le premier employé a reçu des options pour acheter 20 000 actions à un prix d'exercice de 5,99 $ par action, tandis que le deuxième employé a reçu des options pour acheter 30 000 actions à 5,89 $ par action. Ces options vont acquérir des droits chaque mois pendant trois ans en 36 versements égaux, sous condition d'un emploi continu, et ont une durée de 10 ans. Les octrois ont été effectués conformément à la règle de cotation 5635(c)(4) de Nasdaq.
authID (Nasdaq: AUID) hat die Gewährung von Aktienoptionen als Anreizprämien an zwei neue Mitarbeiter angekündigt. Der erste Mitarbeiter erhielt Optionen zum Kauf von 20.000 Aktien zu einem Ausübungspreis von $5,99 pro Aktie, während der zweite Mitarbeiter Optionen zum Kauf von 30.000 Aktien zu $5,89 pro Aktie erhielt. Diese Optionen werden monatlich über drei Jahre in 36 gleichmäßigen Raten fällig, abhängig von der Fortsetzung der Beschäftigung, und haben eine Laufzeit von 10 Jahren. Die Zuteilungen erfolgten gemäß der Nasdaq-Listing-Regel 5635(c)(4).
- Employee retention strategy through long-term vesting schedule
- Alignment of employee interests with shareholders through equity compensation
- Potential future dilution of existing shareholders from 50,000 new shares
Denver, Jan. 29, 2025 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of secure identity verification and authentication solutions, today announced that the Company granted options as an inducement to new employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).
The Company granted Options to purchase 20,000 Shares at an Exercise Price of
About authID
authID (Nasdaq: AUID) ensures enterprises “Know Who’s Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented, biometric identity platform. authID quickly and accurately verifies a user’s identity and eliminates any assumption of ‘who’ is behind a device to prevent cybercriminals from compromising account openings or taking over accounts. Combining secure digital onboarding, and biometric authentication and account recovery, with a fast, accurate, user-friendly experience, authID delivers biometric identity processing in 700ms. Binding a biometric root of trust for each user to their account, authID stops fraud at onboarding, detects and stops deepfakes, eliminates password risks and costs, and provides the fastest, frictionless, and the more accurate user identity experience demanded by today’s digital ecosystem. Discover how authID can help your organization secure your workforce or consumer applications against identity fraud, cyberattacks and account takeover at www.authID.ai.
Investor Relations Contacts
Gateway Group, Inc.
Cody Slach and Alex Thompson
1-949-574-3860
AUID@gateway-grp.com
Media Contact
Walter Fowler
NextTech Communications
1-631-334-3864
wfowler@nexttechcomms.com
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