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Guardforce AI Co., Limited Ordinary Shares - GFAI STOCK NEWS

Welcome to our dedicated page for Guardforce AI Co. Ordinary Shares news (Ticker: GFAI), a resource for investors and traders seeking the latest updates and insights on Guardforce AI Co. Ordinary Shares stock.

Guardforce AI Co., Limited (GFAI) is a leading provider of advanced robotic AI solutions, dedicated to meeting the unique business demands of its global clientele. Headquartered in Hong Kong, the company has a robust partnership with the Chinese University of Hong Kong and operates a state-of-the-art research center to develop intelligent robots. Additionally, Guardforce AI has established a manufacturing facility in Shenzhen, China, enabling the company to produce high-quality robotic solutions.

The company's portfolio includes a wide range of AI-driven robots, such as thermal imaging concierge robots, disinfection robots, delivery robots, indoor patrol robots, outdoor patrol robots, and mobile sentry robots. These advanced technologies have been successfully deployed across various industries, including hospitals, hotels, campuses, and commercial and residential buildings.

Guardforce AI also specializes in cash solutions and cash handling services through its operations in Thailand. The company’s cash logistics services encompass cash-in-transit (CIT) via dedicated vehicles, ATM management, cash center operations, cash processing, coin processing, cheque center functions, and cash deposit machine solutions (including cash deposit management and express cash service). Its clientele spans local commercial banks, chain retailers, coin-manufacturing mints, and government authorities.

Recently, Guardforce AI announced an agreement to convert $15.91 million of debt and accrued interest into ordinary shares at $5.40 per share, a move expected to significantly enhance the company’s balance sheet. This strategic decision underscores the company's commitment to financial stability and growth.

For more information, visit the company's official website at http://www.ciotrobots.com/en/.

News

Guardforce AI Has Secured a Three-Year Contract with a Leading Japanese Retailer for its End-to-End Cash Management Solution Including Guardforce Digital Machine in Thailand

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Guardforce AI's subsidiary, GFCS, secures a three-year contract with a leading Japanese retailer for its end-to-end cash management solutions in Thailand.
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Guardforce AI Reports Interim Financial Results for the First Half of 2023, and Provides Business Update

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Guardforce AI announces agreement to convert $15.91 million of debt and accrued interest into ordinary shares at $5.40 per share, enhancing balance sheet. Revenue increased 8.7% to $18.4 million for 1H 2023. Gross profit increased to $2.5 million. Operating loss was $11.9 million for 1H 2023. Adjusted net loss was $2.40 million. Company had $26.0 million of cash and cash equivalents as of June 30, 2023.
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Guardforce AI Secures Two-Year Contract for its End-to-End Cash Management Solution Including Guardforce Digital Machine in Thailand

Rhea-AI Summary
Guardforce AI subsidiary, GFCS, secures two-year contract for end-to-end cash management solutions in Thailand, strengthening company's position. Contract includes GDM service to enhance client's safety and efficiency. Company aims to expand into other sectors like robotics.
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Guardforce AI Partners with Concorde Security Pte Ltd to Launch a New Robotic Security Solution in Singapore

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Guardforce AI partners with Concorde Security to launch a new robotic security solution in Singapore. The solution includes a concierge robot with an access control module and a disinfection robot equipped with a state-of-the-art software security system. The overall solution aims to provide convenient and efficient automation for hotels and other industries. Guardforce AI plans to launch the solution in Q4 2023.
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Guardforce AI Announces Closing of Underwritten Public Offering and Exercise of Full Over-Allotment Option

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Guardforce AI has closed its underwritten public offering, raising approximately $13.8 million in gross proceeds. The offering consisted of 2,580,600 ordinary shares at a price of $4.65 per share. The underwriters exercised their over-allotment option in full, adding an additional 387,090 ordinary shares.
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Guardforce AI Announces Pricing of $12.0 Million Underwritten Public Offering of Ordinary Shares

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Guardforce AI announces pricing of underwritten public offering, expecting to raise $12.0 million
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Guardforce AI Announces Proposed Underwritten Public Offering

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Guardforce AI Announces Closing of Underwritten Public Offering and Exercise of Full Over-Allotment Option

Rhea-AI Summary
Guardforce AI Co., Limited has closed its underwritten public offering, raising approximately $9.2 million. The offering consisted of 1,720,430 ordinary shares at a price of $4.65 per share. The underwriters exercised their over-allotment option, adding an additional 258,064 ordinary shares.
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Guardforce AI Announces Pricing of $8.0 Million Underwritten Public Offering of Ordinary Shares

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Guardforce AI Announces Proposed Underwritten Public Offering of Ordinary Shares

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Guardforce AI Co., Limited has announced the commencement of an underwritten public offering. The offering is being made by means of a prospectus supplement and accompanying prospectus. EF Hutton is acting as the lead book-running manager for the offering, and Spartan Capital Securities is acting as the co-manager. The ordinary shares are being offered pursuant to a 'shelf' registration statement on Form F-3 that was declared effective by the SEC on January 5, 2022.
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FAQ

What is the current stock price of Guardforce AI Co. Ordinary Shares (GFAI)?

The current stock price of Guardforce AI Co. Ordinary Shares (GFAI) is $1.105 as of November 8, 2024.

What is the market cap of Guardforce AI Co. Ordinary Shares (GFAI)?

The market cap of Guardforce AI Co. Ordinary Shares (GFAI) is approximately 13.4M.

What does Guardforce AI Co., Limited do?

Guardforce AI Co., Limited provides advanced robotic AI solutions and cash handling services. Their portfolio includes thermal imaging robots, disinfection robots, and more.

Where is Guardforce AI Co., Limited headquartered?

The company is headquartered in Hong Kong and also has a manufacturing facility in Shenzhen, China.

What industries use Guardforce AI's robotic solutions?

Guardforce AI's robotic solutions are used in hospitals, hotels, campuses, commercial and residential buildings, among others.

What cash handling services does Guardforce AI provide?

The company offers cash-in-transit services, ATM management, cash center operations, cash processing, coin processing, cheque center functions, and cash deposit machine solutions.

Who are Guardforce AI's customers?

Their customers include local commercial banks, chain retailers, coin-manufacturing mints, and government authorities.

What recent financial decision has Guardforce AI made?

Guardforce AI recently announced an agreement to convert $15.91 million of debt and accrued interest into ordinary shares at $5.40 per share to improve its balance sheet.

What is the significance of Guardforce AI's recent debt conversion?

The conversion of debt to equity is expected to significantly enhance the company’s balance sheet, indicating a positive financial outlook.

How is Guardforce AI contributing to technology development?

Guardforce AI collaborates with the Chinese University of Hong Kong to develop intelligent robots and operates a research center in Hong Kong.

How can I contact Guardforce AI's investor relations?

For investor relations, you can contact David Waldman or Natalya Rudman at Crescendo Communications, LLC via email at gfai@crescendo-ir.com or by phone at 212-671-1020.

What is Guardforce AI's official website?

Guardforce AI's official website is http://www.ciotrobots.com/en/.

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Guardforce AI Co., Limited Ordinary Shares

Nasdaq:GFAI

GFAI Rankings

#5448 Ranked by Market Cap
N/A Ranked by Dividends

GFAI Stock Data

13.41M
10.24M
15.81%
1.31%
3.21%
Security & Protection Services
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Singapore