Here are the 424B prospectus supplements from Guardforce AI Co., Limited Warrant (GFAIW) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow GFAIW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GFAIW filings page.
Guardforce AI Co., Limited is initiating an at-the-market equity program to sell up to $3,115,495 of ordinary shares through H.C. Wainwright & Co. The shares will be sold from time to time on Nasdaq or other permitted markets at prevailing prices.
The company had 31,393,337 ordinary shares outstanding before the offering and could have up to 41,233,813 shares outstanding if 9,840,476 shares are sold at $0.3166 per share. Public float was about $14.99 million as of June 2, 2026, and prior ATM sales over the last 12 months totaled $1,882,297.10.
Net tangible book value was $31.6 million or $1.30 per share as of December 31, 2025 and would become about $34.6 million or $1.01 per share after the assumed offering, implying dilution of $0.69 per share to new investors. Net proceeds are intended for AI and robotics R&D, business development, corporate management, talent recruitment and general working capital.
Key risks include potential Nasdaq delisting for failure to maintain a $5 million market value of listed securities or the $1.00 minimum bid price, possible penny-stock treatment if delisted, ongoing dilution from future equity raises, and U.S. tax risks if the company were treated as a PFIC.