[AUID] 아우디드, 최대 50만 달러 규모 백스톱 계약 체결 및 전환·행사가격 조정

🇺🇸 English Executive Summary

GLOBAL BRIEF

On September 9, 2026, authID Inc. (the “Company”) entered into a Backstop Commitment Agreement with certain holders of its outstanding senior secured debentures. Under the agreement, the commitment parties agreed to provide a backstop commitment of up to $300,000 if no third-party strategic funding occurs prior to the next payroll cycle, or up to $500,000 if such a strategic funding transaction occurs. A total of $300,000 was funded on September 11, 2026. As consideration, the Company issued 750,000 Commitment Fee Warrants with a 5-year term and an exercise price of $0.57 per share. Furthermore, the conversion price of the Senior Secured Debentures issued under the April 2026 Purchase Agreement was fixed at $0.38, and the exercise price of Existing Warrants was reduced from $1.50 to $0.57 per share. Key risks include potential dilution under Nasdaq 19.99% limitations, subordination requirements in favor of a strategic partner, and regulatory registration obligations with the SEC.