authID falls as board approves 1-for-8 reverse stock split

authID

07/07/2023 16:44

** Shares of biometric solutions provider authID  AUID.O 
down 9.7% at $0.7675
    ** Co announces reverse stock split at the ratio of 1-for-8
of its common shares, in order to comply with Nasdaq's minimum
bid price requirement 
    ** Says stock to begin trading on split-adjusted basis from
market open on July 10 
   ** YTD, stock up 32.53% 

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))