Guardforce AI Co Ltd

NASDAQ:GFAI  
0.24
0.00 (+1.14%)
Mergers / Acquisitions

Guardforce AI Announces LOI To Acquire Shenzhen Kewei Robot Technology Company, A Premier Robotics Technology Company In China

Published: 09/13/2022 11:10 GMT
Guardforce AI Co Ltd (GFAI) - Guardforce Ai Announces Loi to Acquire Shenzhen Kewei Robot Technology Company Limited, a Premier Robotics Technology Company in China.
Guardforce Ai - Plans to Pay for Acquisition Through Combination of Cash (10%) & Restricted Common Stock of Co (90%) at Value of No Less Than $1/share.
Guardforce Ai Co Ltd - Expects to Enter Into a Definitive Purchase Agreement With Kewei Relating to Acquisition Within Next Few Months.