Guardforce ai announces closing of $10.3 million private placement

New york, ny / accesswire / january 20, 2022 / guardforce ai co., limited ("guardforce ai" or the "company") (nasdaq:gfai) (nasdaq:gfaiw), an integrated security solutions provider, today announced the closing of its previously announced private placement of ordinary shares and warrants for gross proceeds of approximately $10.3 million before deducting the placement agent's fees and other estimated offering expenses. under the terms of the securities purchase agreement, the company sold 7,919,997 ordinary shares and warrants to purchase 11,879,993 ordinary shares.
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