AGM/EGMJun 1, 2026, 04:15 PM
authID to hold Annual Meeting July 6; seeks 3.5M shares for equity plan
AI Summary
authID Inc. announced its Annual Meeting of Stockholders will be held virtually on July 6, 2026, to vote on several key proposals. Stockholders will consider the election of six director nominees, the ratification of Cherry Bekaert LLP as independent auditors, and the approval of the 2026 Equity Incentive Plan, which authorizes the issuance of 3,500,000 shares of common stock. The Board of Directors recommends voting "FOR" all proposals. The company also provided details on beneficial ownership, with Stephen J. Garchik holding 10.4% of outstanding common stock.
Key Highlights
- Annual Meeting of Stockholders to be held virtually on July 6, 2026.
- Proposals include electing six director nominees.
- Seeks ratification of Cherry Bekaert LLP as 2026 independent auditors.
- Requests approval for 2026 Equity Incentive Plan, authorizing 3,500,000 shares.
- 16,132,487 common shares outstanding as of May 7, 2026.
- Stephen J. Garchik holds 10.4% (1,676,166) of outstanding common stock.
- Officers, directors, and 5% stockholders collectively own 17.4% (2,817,387 shares).
Price Impact
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