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StockNews.com
StockNews.com
Business
Aditi Ganguly

Is Guardforce AI a Buy Under $1?

Headquartered in Bangkok, Thailand, Guardforce AI Co., Limited (GFAI) is an integrated security solutions provider that operates across Asia. It provides cash-in-transit, ATM management, cash center operations, cash and coin processioning, and other cash management-related services.

The company listed its shares on the Nasdaq Stock Exchange on Sept. 29, 2021. GFAI offered 3.61 million units, with each unit comprising one share and one warrant. The company priced each unit at $4.15, raising $15 million through the initial public offering.

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