NetworkNewsBreaks – Guardforce AI Co. Limited (NASDAQ: GFAI) Announces Pricing of $10.0M Registered Direct Offering
Guardforce AI (NASDAQ: GFAI, GFAIW), an integrated security solutions provider, has announced its entry into a securities purchase agreement with certain institutional investors to purchase approximately $10.0 million worth of its ordinary shares in a registered direct offering. Under the terms, the company has agreed to sell approximately 8.7 million of its ordinary shares, each at a price of $1.15. The company expects to secure approximately $10.0 million in gross proceeds from the registered direct offering, which is anticipated to close on or about April 8, 2022. EF Hutton, division of Benchmark Investments LLC, is acting as exclusive placement agent…







