Guardforce AI Expands Capital-Raising Efforts with ATM Offering

The latest announcement is out from Guardforce AI Co ( (GFAI) ).

On January 27, 2025, Guardforce AI Co., Limited announced it had issued 7,502,220 ordinary shares from July 2, 2024, to January 5, 2025, raising gross proceeds of $10,861,671 through an At the Market Offering Agreement with H.C. Wainwright & Co., LLC. The company plans to increase its offering under the ATM Agreement by an additional $6,546,970, further expanding its capital-raising capabilities. This strategic move is expected to enhance Guardforce AI’s financial flexibility and strengthen its market position in AI-driven security solutions.

More about Guardforce AI Co

Guardforce AI Co., Limited operates in the technology industry, focusing on AI-driven solutions. It offers security services and technology products primarily in the Asian market.

YTD Price Performance: 28.67%

Average Trading Volume: 3,148,695

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $18.84M

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