On August 27, 2026, authID Inc. received a deficiency letter from Nasdaq notifying the company that its common stock closed below $1.00 per share for 30 consecutive business days ending August 26, 2026, violating the minimum bid price rule. The company has an initial compliance period of 180 calendar days, until February 23, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. Additionally, the company is not in compliance with the stockholders' equity requirement under Nasdaq Listing Rule 5550(b)(1), which must be cured to qualify for any potential second compliance period. The filing notes that failure to meet these requirements could result in delisting, though the company may appeal such a determination. authID Inc. operates in the digital identity and authentication technology sector.
