Guardforce AI Signs Non-binding Letter of Intent to Acquire Leading AI-Powered Speech Therapy and Development Platform
Rhea-AI Summary
Guardforce AI (NASDAQ: GFAI) signed a non-binding Letter of Intent to acquire 100% of MGAI Limited, an AI-driven speech therapy and rehabilitation platform serving >110,000 patients and >20,000 registered rehabilitation professionals.
The LOI is subject to due diligence, execution of a definitive agreement, and customary closing conditions. MGAI plans expansion into Hong Kong, Singapore, and Taiwan.
Positive
- Access to >110,000 served patients
- Onboarding of >20,000 registered rehabilitation professionals
- Acquisition targets AI-driven speech therapy SaaS and hardware ecosystem
- Planned expansion into Hong Kong, Singapore, and Taiwan
Negative
- Transaction is a non-binding LOI, not a definitive agreement
- Close subject to due diligence and customary closing conditions
- No transaction value or financing terms disclosed
Key Figures
Market Reality Check
Peers on Argus
GFAI’s 8.6% gain contrasts with mixed peer moves: SPCB (-0.72%), SUGP (-0.69%), BKYI (-1%), IVDA (0.44%), while only VRME shows a stronger rise (9.18%). This points to a stock-specific reaction.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 17 | Listing compliance | Negative | +1.3% | Nasdaq minimum bid price deficiency notice and cure-period disclosure. |
| Nov 13 | AI rollout Thailand | Positive | -1.4% | Rollout of AI Agent platform and RaaS operations in Thailand. |
| Nov 05 | Product launch | Positive | +7.2% | Launch of DVGO Beta 2.0 travel-planning AI agent and ambassador program. |
| Sep 23 | Interim earnings | Neutral | +6.6% | First-half 2025 results with modest revenue growth and AI strategy update. |
Recent news shows a mix of aligned and divergent reactions. Product and AI-platform launches have sometimes produced gains, but a Nasdaq bid-price deficiency notice also saw a mild positive move, indicating sentiment and positioning can override headline tone. Earnings with modest growth and continued AI strategy execution previously coincided with a solid single-day gain, suggesting investors have periodically rewarded progress on the AI-first roadmap despite balance-sheet and listing risks.
Over the past six months, Guardforce AI has focused on its AI-first strategy and Nasdaq listing status. On Sep 23, 2025, interim 2025 results showed revenue of $18.2M and a net loss of $2.2M, alongside AI product launches. In early November, the company advanced DVGO Beta 2.0 and AI Agent commercialization in Thailand. By Dec 17, 2025, it disclosed a Nasdaq $1.00 minimum bid deficiency. Today’s acquisition-focused AI healthcare announcement extends this pattern of using AI-driven platforms to expand its addressable markets.
Market Pulse Summary
This announcement outlines a non-binding LOI for Guardforce AI to acquire MGAI, an AI-powered speech therapy and rehabilitation platform that has supported over 110,000 patients and 20,000 professionals. It extends the company’s AI Agent framework into healthcare applications, complementing earlier launches like DVGO and AI Agent deployments in Thailand. Investors may track progress from LOI to definitive agreement, how MGAI’s operations integrate with existing platforms, and whether future earnings updates reflect growing high-margin digital services.
Key Terms
letter of intent (loi) financial
saas technical
ai agent technical
AI-generated analysis. Not financial advice.
NEW YORK, NY, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an AI-driven technology company providing Agentic AI, smart solutions in automation, robotics, and secured logistics, today announced it has entered into a non-binding Letter of Intent (LOI) to acquire
Utilizing advanced AI technology and one of China’s largest domestic databases for children's language development assessment, MGAI has built a service ecosystem combining proprietary AI-supported software, cloud-based SaaS tools, professional training systems, and integrated hardware solutions.
The platform supports a wide service network including patients, rehabilitation professionals, hospitals, rehabilitation institutions, and educational organizations. To date, MGAI’s ecosystem has served more than 110,000 patients and has over 20,000 registered rehabilitation professionals.
MGAI plans to expand beyond Mainland China through established distribution channels into Hong Kong, Singapore, and Taiwan.
“This LOI represents a perfect acquisition for us,” said Guardforce AI Chairwoman and CEO Lei Wang. “MGAI provides a real-world AI application platform where professional rehabilitation expertise can be structured, digitized, and scaled. By integrating MGAI into our AI Agent framework, we expect to transform individual professional knowledge into scalable AI-enabled service capabilities and create new recurring, high-margin digital service opportunities while expanding our presence in healthcare-related AI applications.”
The LOI describes a share purchase transaction subject to the completion of due diligence, execution of a definitive purchase agreement, and satisfaction of customary closing conditions.
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 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.
Guardforce AI Corporate Communications
Hu Yu
Email: yu.hu@guardforceai.com
Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
Office: (646) 893-5835
Email: info@skylineccg.com
FAQ
What did Guardforce AI (GFAI) announce on February 9, 2026 about MGAI?
Direct answer: Guardforce AI announced a non-binding LOI to acquire 100% of MGAI Limited.
Context: According to the company, MGAI is an AI speech therapy platform with SaaS, training, and hardware, forming an integrated rehabilitation ecosystem serving patients and professionals.
How many patients and professionals has MGAI served, according to Guardforce AI (GFAI)?
Direct answer: According to the company, MGAI has served more than 110,000 patients and has over 20,000 registered professionals.
Context: Those figures reflect MGAI's stated domestic footprint and are cited as part of the rationale for the proposed acquisition.
Is the LOI between Guardforce AI (GFAI) and MGAI a binding purchase agreement?
Direct answer: No, the LOI is non-binding and does not finalize the acquisition.
Context: According to the company, completion requires due diligence, a definitive purchase agreement, and satisfaction of customary closing conditions.
What are the next steps and timeline after Guardforce AI (GFAI) signed the LOI for MGAI?
Direct answer: Next steps include due diligence, negotiating a definitive agreement, and meeting closing conditions.
Context: According to the company, the LOI outlines a share purchase transaction contingent on those steps; no definitive timeline or closing date was provided.
How might the MGAI acquisition affect Guardforce AI’s (GFAI) business strategy?
Direct answer: The company expects to integrate MGAI into its AI Agent framework to scale digital rehabilitation services.
Context: According to the company, integration aims to convert professional expertise into recurring, higher-margin AI-enabled services across healthcare applications.
Will MGAI expand internationally after the proposed Guardforce AI (GFAI) acquisition?
Direct answer: MGAI plans expansion into Hong Kong, Singapore, and Taiwan.
Context: According to the company, MGAI intends to use established distribution channels to enter those markets beyond Mainland China.
