Core Viewpoint - Guardforce AI Co., Limited has received a notification from NASDAQ regarding non-compliance with the minimum bid price requirement, necessitating actions to regain compliance by June 10, 2026 [1][2]. Group 1: Compliance Notification - The Company was notified on December 12, 2025, that it is not in compliance with NASDAQ Listing Rule 5550(a)(2), which requires a minimum bid price of US$1.00 per share [1]. - The Company has 180 calendar days, until June 10, 2026, to regain compliance by maintaining a closing bid price of at least US$1.00 for a minimum of 10 consecutive trading days [2]. Group 2: Current Trading Status - The receipt of the Notification Letter does not immediately affect the trading status of the Company's ordinary shares, which will continue to trade on NASDAQ under the ticker "GFAI" [3]. Group 3: Company Response - The Company plans to continuously monitor its closing bid price and is considering various measures to improve its financial position and operational results to address the compliance issue [4]. Group 4: Company Overview - Guardforce AI is an AI-driven technology company focused on automation, robotics, and secured logistics, with a strong operational foundation in cash logistics and retail sectors [5]. - The Company utilizes its Intelligent Cloud Platform (ICP) to deliver innovative solutions in cash management, retail automation, and Agentic AI, while also expanding into travel planning [5].
Guardforce AI Announces Receipt of Nasdaq Minimum Bid Price Deficiency Notification Letter