RegulatoryJun 12, 2026, 04:04 PM
Guardforce AI gets Nasdaq extension until Dec 7 to meet $1 bid price
AI Summary
Guardforce AI Co., Ltd. received an additional 180-calendar-day extension from Nasdaq, until December 7, 2026, to regain compliance with the minimum $1.00 bid price requirement. The company was initially notified of non-compliance on December 12, 2025, with a deadline of June 10, 2026, which it failed to meet. Its business operations are unaffected, and the company plans to monitor its share price and may consider a reverse share split to meet the Nasdaq listing rule.
Key Highlights
- Guardforce AI received an additional 180-day extension from Nasdaq until December 7, 2026, to regain minimum bid price compliance.
- The company was initially notified of non-compliance on December 12, 2025, with an original deadline of June 10, 2026.
- To regain compliance, ordinary shares must have a closing bid price of at least $1.00 for 10 consecutive business days.
- Failure to regain compliance by December 7, 2026, could result in delisting from Nasdaq.
- Guardforce AI's business operations are not affected by the notification.
- The company may consider options such as a reverse share split to meet the listing requirements.
Price Impact
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