Business Context and Reporting Period
This Form 8-K Current Report was filed by authID Inc. (formerly Ipsidy Inc.) on July 18, 2022. The filing primarily documents a corporate name change and an upcoming relocation of the company's principal executive offices.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on corporate governance and administrative changes rather than financial performance.
Material Changes
- Corporate Name Change: Effective July 18, 2022, the company changed its name from Ipsidy Inc. to authID Inc. pursuant to a Certificate of Amendment filed with the Delaware Secretary of State.
- Bylaws Amendment: The company amended and restated its bylaws to reflect the new corporate name.
- Office Relocation: As of August 1, 2022, the principal executive office will move to 1325 S. Colorado Blvd., Building A, Suite 322, Denver, CO 80222. Concurrently, the New York office will be closed.
- Mailing Address: The immediate mailing address is 1624 Market St Ste 226 Unit 51767, Denver, CO 80202-1559.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, management commentary on future performance, or specific risk factors. The name change was approved by the Board of Directors and did not require a shareholder vote under Delaware law. The change does not affect the rights of the company's shareholders.
Key Facts for Investor Verification
- Verify the new trading symbol and ticker status on The Nasdaq Stock Market, LLC following the name change to authID Inc.
- Confirm the closure of the New York office and the operational status of the new Denver headquarters effective August 1, 2022.
- Review the attached Certificate of Amendment (Exhibit 3.1) and Amended and Restated Bylaws (Exhibit 3.2) for any clauses beyond the name change.
- Note that the company is classified as an emerging growth company.