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Guardforce AI Announces LOI to Acquire Twelve Additional Robotics Companies in China

Globe Newswire - Thu Jun 2, 2022

NEW YORK, NY, June 02, 2022 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ:GFAI, GFAIW), an integrated security solutions provider, announced today it has signed a supplemental letter of intent (LOI) with Shenzhen Kewei Robot Technology Co., Limited ("Kewei") to acquire an additional twelve robotics companies, which follows the Company’s previously announced definitive agreement to acquire seven robotics companies in China.

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