T StampNASDAQ: IDAI

T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, announced that it has been issued a US Patent covering the invention of a Personal Identifiable Information Encoder. Trust Stamp CEO Gareth Genner highlighted data protection and privacy should be “non-negotiable” for any enterprise or government agency storing or processing personal identifiable information (PII).

T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp), the AI-powered identity software provider, announced on Tuesday that it has entered into a securities purchase agreement with an institutional investor to raise approximately $2 million through a combination of a registered direct offering and a private placement. The company will issue over 1.4 million shares of common stock, or pre-funded warrants in lieu thereof, at an offering price of $0.3223 per share.

Atlanta, GA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company™ providing AI-powered software used globally across multiple sectors, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 1,432,399 shares of common stock (or pre-funded warrants in lieu thereof) in a registered direct offering priced at-the-market under Nasdaq rules. In a concurrent private placement, the Company also agreed to issue and sell unregistered warrants to purchase up to an aggregate of 2,864,798 shares of common stock. The combined effective offering price for each share of common stock (or pre-funded warrant in lieu thereof) and accompanying warrant is $0.3223. The private placement warrants will be exercisable upon receipt of shareholder approval, will expire five years from the initial exercise date and will have an exercise price of $0.3223 per share.

Trust Stamp (NASDAQ: IDAI ) stock is taking off on Wednesday after the artificial intelligence ( AI ) company announced a new license agreement for its computer vision and AI technologies. Trust Stamp has reached an agreement with Boumarang for the use of its computer vision and AI tech in hydrogen-powered UAV systems.

Earlier this week T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp) struck a new partnership with Botdoc to integrate its low-code Orchestration Platform within Botdoc's Connect product. In this interview with Proactive, Trust Stamp president Andrew Gowasack discussed the company's new partnership, aimed at combating the 98% rise in synthetic identity fraud in the automotive industry.

T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp) said it has struck a new partnership with Botdoc to integrate its low-code Orchestration Platform within Botdoc's Connect product. The partnership enhances Know Your Customer (KYC) processes by integrating Trust Stamp's advanced identity verification technology into Botdoc's Connect product, improving accuracy and security in verifying customer identities and documents.

T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, announced it has signed a non-binding Letter of Intent with Quenta for a strategic alliance to serve a network of crypto, banking and other financial services companies. Investors welcomed the news, with Trust Stamp shares adding 11.4% at US$0.52 in early trade on Thursday.

Trust Stamp announces entering a Letter of Intent for a strategic transaction that includes integration into a global Identity Consortium serving a federated network including crypto, bank, and other financial services companies Trust Stamp announces entering a Letter of Intent for a strategic transaction that includes integration into a global Identity Consortium serving a federated network including crypto, bank, and other financial services companies

T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp) said it has onboarded 21 new customers to its low-code Orchestration Layer platform in the first half of 2024, bringing the total to 69. "We have made tremendous progress building our business in 2024," said Trust Stamp president Andrew Gowasack.