authID to Hold Annual Meeting of Stockholders on September 20th
authID Inc. (Nasdaq: AUID) announced its 2022 Annual Meeting of Stockholders will occur virtually on September 20, 2022, at 10:00 a.m. EDT. Key proposals at the meeting include the election of the current eight directors, the ratification of auditors, and a proposal to reduce authorized shares to save costs. The Proxy Statement has been filed with the SEC, and stockholders will receive meeting materials via brokers. Attendees can submit questions during the webcast and are encouraged to vote by proxy to ensure their votes are counted.
- Virtual meeting enhances accessibility for stockholders.
- Reduction in authorized shares may lead to cost savings.
- Proposed reduction in shares could indicate financial constraints.
DENVER, Aug. 18, 2022 (GLOBE NEWSWIRE) -- authID Inc. [Nasdaq: AUID], a leading provider of secure, mobile, biometric authentication solutions, today announced that its 2022 Annual Meeting of Stockholders will be held virtually on September 20, at 10:00 a.m. EDT/8:00 a.m. MDT.
At the meeting, proposals will be submitted to elect directors, ratify the appointment of auditors, and approve a reduction in the number of shares that the Company is authorized to issue, primarily in order to save certain costs.
The Company is proposing the election of all of the current eight directors.
The Company has filed its Proxy Statement with the SEC, which explains all the proposals and provides other information about the Company, and has commenced mailing the Notice of Meeting, the Proxy Statement and additional materials related to the Annual Meeting to stockholders. Stockholders who hold their shares through brokerage accounts will receive the materials via their brokers, either through the mail, or electronically depending on their communication preferences.
The meeting will be held via a webcast accessible at https://edge.media-server.com/mmc/p/d7z84o2n.
Stockholders will be able to submit written questions to management during the meeting and directly into the web-meeting platform.
Stockholders will be able to view the materials electronically at the Company’s Investor Relations site at
https://investors.authid.ai/news-and-events/events-and-presentations or at www.investorvote.com/AUID.
Stockholders will also be able to vote electronically, in accordance with the instructions provided in the materials each will receive. Stockholders are encouraged to vote by proxy ahead of the meeting, whether or not they plan to attend the meeting, to ensure their votes are counted.
About authID Inc.
At authID (Nasdaq: AUID), We Are Digital Identity®. authID provides secure, mobile, biometric identity verification software products through Verified®, an easy-to-integrate Identity as a Service (IDaaS) platform. Our suite of self-service biometric identity verification and authentication solutions frictionlessly eliminate passwords through consent-based facial matching. Powered by sophisticated biometric and artificial intelligence technologies, authID aims to strengthen security and trust between businesses and their customers. For more information, go to: www.authid.ai.
| Investor Relations Contacts: | ||
| Grace DeFries authID SVP, Marketing Communications & Investor Relations investor-relations@authID.ai | |
Ina McGuinness
The Bliss Group
805.427.1372
FAQ
When is the authID Inc. Annual Meeting of Stockholders scheduled?
What proposals will be discussed at the authID Inc. Annual Meeting?
How can stockholders participate in the authID Inc. Annual Meeting?
What is the significance of reducing authorized shares for authID Inc.?
Where can stockholders access materials for the authID Inc. Annual Meeting?
