Guardforce AI Announces Receipt of Nasdaq Minimum Bid Price Deficiency Notification Letter
1. GFAI received a notification of non-compliance with NASDAQ minimum bid requirements.
2. It must maintain a $1.00 bid price for 10 consecutive days.
3. The company has 180 days to regain compliance by June 10, 2026.
4. Immediate listing is unaffected; shares will continue to trade on NASDAQ.
5. GFAI plans to implement measures to improve financial position and operations.
Guardforce AI (NASDAQ: GFAI) Receives Nasdaq Notification of Minimum Bid Price Deficiency
New York, NY, December 17, 2025 – Guardforce AI Co., Limited, trading under the ticker symbol GFAI, has announced the receipt of a notification letter from the Nasdaq Stock Market LLC, indicating a deficiency in compliance with NASDAQ's minimum bid price requirement.
Details of the Notification
On December 12, 2025, the Company received a notification indicating it is not in compliance with NASDAQ Listing Rule 5550(a)(2), which necessitates that listed securities maintain a minimum bid price of US$1.00 per share. The deficiency continues if the non-compliance persists for 30 consecutive business days, according to Listing Rule 5810(c)(3)(A).
The notification aligns with the provisions of NASDAQ Listing Rule 5810(b), requiring prompt disclosure upon receipt of such a letter. The Company has been granted 180 calendar days until June 10, 2026, to regain compliance.
Regaining Compliance
To come back into compliance with NASDAQ's minimum bid price requirement, Guardforce AI's shares must achieve a closing bid price of at least US$1.00 for a minimum of 10 consecutive trading days. If the Company fails to rectify the situation by June 10, 2026, it may be eligible for additional compliance time or face the risk of delisting from the exchange.
It is important to note that the receipt of this notification letter currently has no immediate impact on the trading of Guardforce AI’s ordinary shares, which will continue to trade on NASDAQ under the ticker GFAI.
Company's Response Strategy
In response to this notification, Guardforce AI intends to actively monitor its closing bid price and is exploring various measures aimed at improving its financial position and operational results. The company believes these initiatives will help mitigate the short-term adverse effects on its trading price and address the deficiency in a timely manner.
About Guardforce AI
Founded with a focus on AI-driven solutions, Guardforce AI (NASDAQ: GFAI, GFAIW) specializes in automation, robotics, Agentic AI, and secured logistics. Utilizing its proprietary Intelligent Cloud Platform (ICP), the company aims to deliver innovative solutions across various sectors, including cash management and retail automation. By expanding its scope to areas like travel planning, Guardforce AI showcases how scalable AI can foster industry transformation.
This press release contains forward-looking statements related to the company’s future performance, strategic initiatives, and market conditions. These statements may be identified by terms such as "anticipate," "believe," "expect," and similar phrases. Given their inherently uncertain nature, these forward-looking statements are subject to risks and changes in circumstances that may differ from actual outcomes.