authID (NASDAQ:AUID) stockholders approved all proposals presented at the company’s 2026 annual meeting, including the election of six directors, the ratification of its independent auditor and the adoption of a new equity incentive plan.
The meeting was led by Rhon Daguro, authID’s CEO and director, who served as chairman. Daguro introduced the company’s non-executive directors Ken Jisser, Michael Koehneman, Kunal Mehta, Ram Menghani and Jacqueline White. General Counsel and Corporate Secretary Graham Arad and Chief Financial Officer Ed Sellitto also attended the webcast.
Shareholder Quorum and Voting Matters
Daguro said a quorum was present, allowing the meeting to proceed. Under the company’s bylaws, one-third of the shares entitled to vote, present or represented by proxy, constituted the required quorum.
The meeting agenda included three principal items:
- The election of six directors to serve until the next annual meeting of stockholders;
- The ratification of Cherry Bekaert LLP as the company’s independent auditor for the fiscal year ending Dec. 31, 2026;
- The approval and ratification of the company’s 2026 Equity Incentive Plan, including the allocation of 3.5 million shares of common stock for issuance under the plan.
Directors Elected
Arad nominated Rhoniel A. Daguro, Ken Jisser, Michael L. Koehneman, Kunal Mehta, Ram Menghani and Jacqueline L. White for election to the board. Daguro seconded the nomination, and Arad said no additional nominations had been timely received in accordance with the company’s bylaws.
After the vote was tallied, Arad reported that those six nominees received the highest number of votes for election as directors. Daguro then declared them elected to the board, where they will serve until the next annual meeting of stockholders and until their successors are duly elected and qualify.
Auditor and Equity Plan Approved
Stockholders also approved the ratification of Cherry Bekaert LLP as independent auditor for the fiscal year ending Dec. 31, 2026. Arad said more than a majority of the shares cast were voted in favor of the auditor appointment.
In addition, stockholders approved the 2026 Equity Incentive Plan. The plan reserves 3.5 million shares of common stock for issuance, along with the balance of shares that had not been allocated to awards under the company’s 2024 Equity Incentive Plan. The approved plan also includes shares that may become available due to forfeitures or cancellations under awards granted under the 2024 plan or other prior or subsequent compensation plans.
Arad said more than a majority of the shares cast were voted in favor of approving the 2026 Incentive Plan. He added that the precise voting results will be reported in a Form 8-K to be filed after the meeting.
Next Investor Event
Daguro adjourned the meeting after declaring that stockholders had approved all remaining resolutions. He thanked stockholders for their support and participation and said the company’s next meeting with investors will be its second-quarter earnings call, expected to be held in early August.
About authID (NASDAQ:AUID)
authID (NASDAQ: AUID) is a technology company specializing in digital identity verification and biometric authentication solutions. The company offers a cloud-based platform designed to help organizations securely verify user identities, prevent account takeover and reduce fraud. Leveraging artificial intelligence and machine learning, authID’s software supports biometric modalities including facial recognition, voice verification and liveness detection to ensure that customers are who they claim to be.
The company’s flagship product suite enables enterprises to integrate identity proofing and continuous authentication into their online and mobile applications.
