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GFAI - Guardforce AI regains compliance with Nasdaq minimum bid price requirements
Guardforce AI Co. Limited
Guardforce AI (NASDAQ:GFAI) has regained compliance with the applicable Nasdaq minimum bid price continued listing requirement. The company was previously notified by Nasdaq on March 9, 2022 that it was not in compliance with the minimum bid price rule. To regain compliance, the company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days; this requirement was met on April 8, 2022.