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Guardforce AI Co., Limited Warrant - GFAIW STOCK NEWS

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

Guardforce AI (Hong Kong) Co., Ltd. is a leading service provider specializing in cutting-edge robotic AI solutions tailored to global clients' unique needs. With a research center at the Chinese University of Hong Kong and a manufacturing plant in Shenzhen, China, the company is at the forefront of developing intelligent robots for a variety of applications, including thermal imaging concierge robots, disinfection robots, delivery robots, and more. Their solutions have been widely deployed in hospitals, hotels, campuses, and commercial/residential buildings, showcasing exceptional performance in diverse environments.

On the other hand, Guardforce AI Co. Ltd in Thailand offers comprehensive cash solutions and handling services, such as cash-in-transit, ATM management, cash processing, and more. They serve a wide range of clients, including local banks, retailers, coin manufacturers, and government entities.

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Guardforce AI reported an increase of 253% in Robotics AI revenue for the first half of 2022, contributing to a total net revenue of $16.9 million, down 7.9% year-over-year due to COVID-19 impacts. The company expanded its global presence to 8 countries and acquired Shenzhen Kewei Robot Technology, enhancing its Robot-as-a-Service (RaaS) capabilities. Despite facing challenges, Guardforce AI anticipates a rebound in revenue as restrictions ease, highlighting a scalable business model designed for significant shareholder value.

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Guardforce AI (NASDAQ:GFAI, GFAIW) has partnered with Riversoft to co-develop the Robot Travel Agency (RTA), enhancing travel services through AI-driven solutions. This e-commerce platform will offer travelers the ability to book transportation, accommodations, and tours while integrating with Riversoft’s existing booking engine linked to major travel suppliers. The RTA aims to streamline the travel experience by providing local recommendations and seamless payment options through social media applications. The partnership is timely, as global business travel is expected to recover significantly in 2023.

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Guardforce AI Co., Limited (NASDAQ:GFAI, GFAIW) announced a significant 5-year contract with the Bank of Thailand for its subsidiary, Guardforce Cash Solutions Security (GFCS), to manage Consolidated Cash Centers (CCCs) in Ubonratchathani and Phitsanulok. This contract marks an expansion of existing services and will involve managing around 1,100 ATM locations across 31 provinces. The Ubonratchathani contract starts in November 2022, followed by Phitsanulok in December 2022. The award showcases Guardforce AI's reputation in the security industry.

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Guardforce AI (NASDAQ:GFAI, GFAIW) announced a non-binding LOI to acquire Shenzhen Kewei Robot Technology Company Limited, enhancing its robotics capabilities and expanding its Fortune 500 customer base. This acquisition supersedes a previous LOI involving 19 subsidiaries. The deal will be funded with 10% cash and 90% restricted common stock, valued at a minimum of $1 per share. Kewei reported approximately $15 million in revenue in 2021 and operates 65,000 robots, including 40,000 with advertising features. This strategic move aims to solidify Guardforce's position in the robotics market.

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Guardforce AI (NASDAQ:GFAI, GFAIW) announced a new management team to boost growth in robotics and information security sectors. Lei Wang continues as CEO and is now Chairman of the Board. New appointments include Lin Jia as President, Yu-Heng Ma as CFO, and Mingchang Liu as CTO. Resignations include Terence Yap and Cynthia Ng, who left to pursue other interests without disagreements. Wang highlighted the aim to accelerate the rollout of their Robotics-as-a-Service (RaaS) platform and expand globally, tapping into the multi-billion dollar market.

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On July 14, 2022, Guardforce AI Co., Limited (NASDAQ: GFAI, GFAIW), a security solutions provider, announced that its Chairman, Terence Yap, will participate in the Benzinga All Access event on July 22, 2022, at 10:00 A.M. Eastern Time.

The event will be streamed live, with a recording available later on the company’s investor relations website. Benzinga All Access features one-on-one discussions with executives across various industries, aimed at informing investors about emerging opportunities.

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Guardforce AI Co., Limited (NASDAQ:GFAI, GFAIW) announced it will receive about $1.33 million in gross proceeds from accredited investors exercising 5,581,918 existing warrants. The exercise price was reduced from $1.15 to $0.238 per share, allowing investors to acquire approximately 2,790,959 ordinary shares with an additional share consideration of 1/2 share for each warrant exercised. The net proceeds, after expenses, are expected to be around $1.23 million. EF Hutton acted as the warrant inducement agent in this transaction.

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Guardforce AI Co., Limited (NASDAQ:GFAI, GFAIW) has entered a collaboration agreement with the Hong Kong Industrial Artificial Intelligence and Robotics Centre Limited (FLAIR) to develop Robotics-as-a-Service (RaaS) solutions and AI cloud platforms. This partnership, commencing in August 2022 for an initial two-year term, aims to leverage FLAIR's technology for customized robotics services globally. Guardforce AI's CEO, Olivia Wang, noted the expansion of their RaaS platform to ten markets, emphasizing the potential for improved robotics solutions tailored to local market needs.

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Guardforce AI Co., Limited (NASDAQ:GFAI,GFAIW) has acquired Beijing Wanjia Security System Co., Ltd. for approximately $8.4 million, with 90% paid in restricted shares. This acquisition enhances Guardforce AI’s security solutions in China, targeting retail businesses. The company aims to leverage this purchase to solidify its market position and expand its customer base. Guardforce AI also plans to finalize another acquisition of seven companies from Shenzhen Kewei Robot Technology Co., Limited by Q3 2022, diversifying its Robotics-as-a-Service (RaaS) offerings.

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FAQ

What is the current stock price of Guardforce AI Co. Warrant (GFAIW)?

The current stock price of Guardforce AI Co. Warrant (GFAIW) is $0.2 as of December 20, 2024.

What kind of solutions does Guardforce AI Co. Ltd offer?

Guardforce AI Co. Ltd offers robotic AI solutions for various applications, including thermal imaging concierge robots, disinfection robots, delivery robots, and more.

Where are the research center and manufacturing facility of Guardforce AI (Hong Kong) Co., Ltd. located?

The research center of Guardforce AI (Hong Kong) Co., Ltd. is located at the Chinese University of Hong Kong, and the manufacturing plant is in Shenzhen, China.

What services does Guardforce AI Co. Ltd in Thailand provide?

Guardforce AI Co. Ltd in Thailand provides cash solutions and handling services, including cash-in-transit, ATM management, cash processing, and more.

Who are the customers of Guardforce AI Co. Ltd in Thailand?

The customers of Guardforce AI Co. Ltd in Thailand include local banks, retailers, coin manufacturers, and government authorities.

What sectors have successfully adopted Guardforce AI (Hong Kong) Co., Ltd.'s robotic AI solutions?

Guardforce AI (Hong Kong) Co., Ltd.'s robotic AI solutions have been deployed in hospitals, hotels, campuses, commercial buildings, and residential buildings, proving effective in diverse environments.

Guardforce AI Co., Limited Warrant

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