Guardforce AI Announces Receipt of Nasdaq Minimum Bid Price Deficiency Notification Letter

Rhea-AI Summary

Guardforce AI (NASDAQ: GFAI) received a Nasdaq notification dated December 12, 2025 and disclosed receipt on December 17, 2025 that it is not in compliance with Nasdaq's $1.00 minimum bid requirement under Listing Rule 5550(a)(2).

Nasdaq has provided a 180-calendar-day cure period ending June 10, 2026. To regain compliance the company's ordinary shares must close at or above $1.00 for a minimum of 10 consecutive trading days. The notice does not affect current trading, and the company said it will monitor its closing bid and consider measures to improve financial results. If compliance is not regained by the deadline, the company may seek additional time or face delisting procedures.

Positive

• Listing continues to trade uninterrupted on NASDAQ
• Company granted a 180-calendar-day cure period until June 10, 2026

Negative

• Company currently below the $1.00 minimum bid requirement
• Must achieve 10 consecutive trading days at ≥ $1.00 to regain compliance
• Failure to cure by June 10, 2026 could lead to delisting proceedings

Key Figures

Nasdaq minimum bid US$1.00 per share Listing Rule 5550(a)(2) requirement

Deficiency period 30 consecutive business days Period triggering bid price deficiency

Compliance window 180 calendar days Time to regain Nasdaq bid price compliance

Compliance deadline June 10, 2026 End of initial Nasdaq cure period

Required streak 10 consecutive trading days Minimum period with bid at or above US$1.00

Market Reality Check

$0.7551 Last Close

Volume Volume 360,088 is below the 20-day average of 459,240, suggesting no outsized pre-news activity. normal

Technical Shares at 0.7551 are trading below the 200-day MA of 1.07 and about 80% under the 52-week high of 3.88.

Peers on Argus 1 Down

Peers showed mixed moves (e.g., SPCB up 1.16%, IVDA down 9.22%), and only one peer appeared in momentum scans, indicating this Nasdaq deficiency notice is company-specific rather than a sector-wide driver.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 13	AI agent rollout	Positive	-1.4%	Announced AI Agent and RaaS rollout in Thailand via cloud platform.
Nov 05	Product launch	Positive	+7.2%	Launched DVGO Beta 2.0 to deepen AI-first travel planning strategy.
Sep 23	Interim earnings	Positive	+6.6%	Reported revenue growth and solid cash while pursuing AI transition.
Jul 28	AI solutions launch	Positive	-2.3%	Implemented smart cash and retail AI solutions via Thai subsidiary.
Jul 16	Strategy update	Positive	+0.8%	Outlined tech-focused strategy for Thai unit with smart solutions.

Pattern Detected

Recent AI-focused business updates often produced modest, mixed price reactions, with both gains and pullbacks following generally positive news.

Recent Company History

Over the last six months, Guardforce AI reported several AI-centric milestones. On Jun 23, 2025, it renewed a three-year GSB contract, reinforcing secured logistics revenue. Through July and November 2025 it launched smart cash/retail solutions in Thailand and rolled out DVGO Beta 2.0 plus AI Agent and RaaS initiatives, supporting an AI-first strategy. Market reactions to these AI-tagged updates ranged from about -2% to +7%. Today’s Nasdaq minimum bid price deficiency notice contrasts with those growth announcements by highlighting listing compliance risk rather than operational progress.

Market Pulse Summary

This announcement details Nasdaq’s notification that GFAI no longer meets the US$1.00 minimum bid price requirement, triggering a 180-day cure period through June 10, 2026. To regain compliance, shares must close at or above US$1.00 for at least 10 consecutive trading days. In contrast to prior AI and product rollouts, this update highlights listing-compliance risk rather than growth. Investors may monitor future disclosures on measures to improve the company’s financial position and trading price.

Key Terms

minimum bid price regulatory

"not in compliance with the minimum bid price requirement as set forth under"

The minimum bid price is the lowest share price that a market, regulator, or specific offering will accept for a trade, listing, or auction—think of it as a reserve or floor that a stock must meet to qualify for certain actions. It matters to investors because falling below that floor can limit trading options, trigger compliance measures or delisting risks, and affect liquidity and the perceived value of a holding, much like a reserve price in an auction sets the baseline for a sale.

listing rule 5550(a)(2) regulatory

"as set forth under NASDAQ Listing Rule 5550(a)(2) which requires listed"

Listing Rule 5550(a)(2) is a Nasdaq listing standard that sets a minimum share-price requirement for securities to be listed or to remain listed on the Nasdaq Capital Market. It matters to investors because falling below that minimum can trigger delisting reviews or increased volatility, much like a safety bar on a ride — if a stock can’t meet the height requirement, it risks being removed from the exchange, which can reduce liquidity and access for buyers and sellers.

AI-generated analysis. Not financial advice.

NEW YORK, NY, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an AI-driven technology company providing smart solutions in automation, robotics, Agentic AI and secured logistics, today announced that it has received a notification letter (“Notification Letter”) from the Nasdaq Stock Market LLC (“NASDAQ”) dated December 12, 2025, notifying the Company that it is not in compliance with the minimum bid price requirement as set forth under NASDAQ Listing Rule 5550(a)(2) which requires listed securities to maintain a minimum bid price of US$1.00 per share for continued listing on the NASDAQ, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. This press release is issued pursuant to NASDAQ Listing Rule 5810(b), which requires prompt disclosure upon the receipt of a deficiency notification.

In accordance with the NASDAQ Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until June 10, 2026, to regain compliance with NASDAQ Listing Rule 5550(a)(2).

To regain compliance, the Company’s ordinary shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive trading days. In the event that the Company does not regain compliance by June 10, 2026, the Company may be eligible for additional time to regain compliance or may face delisting.

The receipt of the Notification Letter has no immediate effect on the listing of the Company’s ordinary shares, which will continue to trade uninterrupted on NASDAQ under the ticker “GFAI”.

To address this issue, the Company intends to continuously monitor its closing bid price and is in the process of considering various measures to improve its financial position and results of operations, which the Company expects to countervail the short-term adverse effects on its trading price and cure the deficiency in due time.

About Guardforce AI Co., Ltd.

Guardforce AI (Nasdaq: GFAI, GFAIW) is an AI-driven technology company with a solid operational foundation in the cash logistics and retail sectors. Through its proprietary Intelligent Cloud Platform (ICP), Guardforce AI delivers next-generation smart solutions and AI applications spanning cash management, retail automation, robotics, and Agentic AI. Expanding into areas such as travel planning, the Company is demonstrating how scalable AI can drive industry transformation, balancing stable, recurring revenues with high-growth, future-ready innovations. For more information, visit www.guardforceai.com Twitter: @Guardforceai.

Safe Harbor Statement

This press release contains statements that do not relate to historical facts but are "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can generally (although not always) be identified by their use of terms and phrases such as anticipate, appear, believe, continue, could, estimate, expect, indicate, intend, may, plan, possible, predict, project, pursue, will, would and other similar terms and phrases, as well as the use of the future tense. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including the risks described in our registration statements and annual reports under the heading "Risk Factors" as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements in this press release speak only as of the date hereof. Unless otherwise required by law, we undertake no obligation to publicly update or revise these forward-looking statements, whether because of new information, future events or otherwise.

Investor Relations:
David Waldman or Natalya Rudman
Crescendo Communications, LLC
Email: gfai@crescendo-ir.com
Tel: 212-671-1020

Guardforce AI Corporate Communications:
Hu Yu
Email: yu.hu@guardforceai.com

FAQ

What did Guardforce AI (GFAI) announce on December 17, 2025 about Nasdaq compliance?

Guardforce AI announced it received a Nasdaq notice dated Dec 12, 2025 saying it is below the $1.00 minimum bid requirement.

How long does Guardforce AI (GFAI) have to regain Nasdaq compliance?

Nasdaq provided a 180-calendar-day cure period ending June 10, 2026.

What is the specific Nasdaq requirement Guardforce AI (GFAI) must meet to cure the deficiency?

The company must have a closing bid of at least $1.00 for a minimum of 10 consecutive trading days.

Will Guardforce AI (GFAI) shares stop trading after the Nasdaq notice?

No, the notice has no immediate effect; shares will continue to trade uninterrupted on Nasdaq under GFAI.

What happens if Guardforce AI (GFAI) does not regain compliance by June 10, 2026?

If not cured, the company may be eligible for additional time or could face Nasdaq delisting proceedings.

What actions is Guardforce AI (GFAI) taking to address the Nasdaq deficiency?

The company said it will monitor its closing bid and is considering measures to improve its financial position and results.