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home / news releases / guardforce ai slumps 24 prices 12m offering

GFAI - Guardforce AI slumps 24% prices $12M offering

Guardforce AI Co. Limited

2023-05-11 03:19:47 ET

  • Guardforce AI ( NASDAQ: GFAI ) prices public offering of ~2.58M shares, par value $0.12 per share at a public offering price of $4.65 per share.
  • Gross proceeds of ~$12M, prior to deducting underwriting discounts and other offering expenses.
  • Underwriters a 45-day option to purchase up to an additional ~387K shares.
  • The offering is expected to close on May 15, 2023.

For further details see:

Guardforce AI slumps 24%, prices $12M offering
Stock Information
Company Name: Guardforce AI Co. Limited
Stock Symbol: GFAI
Market: NASDAQ
Website: guardforceai.com
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