authID Inc. — $1.35M Form D filing, October 2026

What the filing says

• Offered: $1,350,000. Sold: $1,350,000. Left to sell: nothing, all of it is sold. (filing)
• Investors: 4 had already invested. (filing)
• Date of first sale: October 6, 2026. (filing)
• Types of securities: Equity; Debt; Options, warrants or other rights to acquire another security. (filing)
• Item 16, payments to executive officers, directors or promoters: $150,000 of the proceeds is used or proposed to be used for such payments (the filing marks this amount as an estimate). The filing explains: “Working capital and general corporate purposes, including executive officer salaries.” (filing)
• Securities that converted: the filing says “Aggregate original principal amount of Senior Secured Convertible Debentures sold at par, together with Warrants to purchase 1,800,000 shares of Common Stock.” (filing)
• On the amounts offered and sold: the filing adds “Aggregate original principal amount of Senior Secured Convertible Debentures sold at par, together with Warrants to purchase 1,800,000 shares of Common Stock.” (filing)
• On sales commissions and finders' fees: the filing adds “7% cash fee on $1,350,000 gross proceeds payable to Madison Global Partners, LLC and Placement Agent Warrants equal to 7% of gross proceeds and $25,000 of legal expense reimbursement, which are not included in the cash figure above” (filing)
• On the business combination question: the filing adds “None” (filing)

This is the company's own disclosure. A payment disclosed on a Form D is a disclosed use of proceeds, not a finding of wrongdoing.

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