Guardforce AI Co., Ltd. executive Wang Lei, who serves as Chief Executive Officer and director, has reported initial beneficial ownership on a Form 3. The filing shows direct ownership of 2,201,333 Ordinary Shares, establishing Wang Lei’s starting equity position as an insider without disclosing any recent share purchases or sales.
Guardforce AI Co., Ltd. Chief Financial Officer Zuo Yuting filed an initial ownership report showing direct holdings of 166,500 Ordinary Shares. This Form 3 does not reflect any recent buy or sell activity; it simply establishes the number of shares currently reported as held by the executive.
Guardforce AI Co., Limited reported that it has extended its partnership to provide smart retail business solutions to the Thailand branch of a major global sportswear brand. Under this extension, the company has received requests to deploy its solutions at five additional retail locations in 2026 and one more in 2027.
Guardforce AI previously deployed similar smart retail systems at two locations and installed AI camera systems across 13 additional stores in 2025 after a proof of concept. Management believes these AI-driven CCTV analytics and RFID-based inventory tools could eventually be used across many of the 5,000 retail stores it already serves through its secured logistics business.
Guardforce AI Co., Limited reported two key corporate actions. The board approved a share repurchase program authorizing buybacks of up to $5 million of outstanding ordinary shares over the next year, reflecting management’s view that the current market valuation does not fully reflect the company’s intrinsic value.
The company also signed a non-binding letter of intent to acquire MGAI Limited, which provides AI-driven speech therapy and rehabilitation solutions. MGAI’s ecosystem has served more than 110,000 patients and includes over 20,000 registered rehabilitation professionals, with plans to expand beyond Mainland China, subject to due diligence and a definitive agreement.
Guardforce AI Co., Limited disclosed the planned and successful rollout of smart solutions and AI applications through its Thai subsidiary, Guardforce Cash Solutions Security (Thailand) Company Limited. The company announced on July 16, 2025 that the smart solutions would be launched at a GFCS rebranding event in Bangkok on July 25, 2025, and on July 28, 2025 confirmed the launch occurred at that event. The Form 6-K attaches Exhibits 99.1 and 99.2, which are press releases describing the strategy and implementation, and incorporates those exhibits by reference into three Form F-3 prospectuses with SEC File Nos. 333-261881, 333-262441 and 333-258054 declared effective in 2022.