Business Context and Reporting Period
This Form 6-K filing by Guardforce AI Co., Limited (GFAI) covers the month of December 2025, with the report dated December 17, 2025. The filing addresses a regulatory notification regarding the company's continued listing status on the NASDAQ Stock Market.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on a compliance issue related to the company's stock price rather than operational financial results.
Material Changes
The primary material event is the receipt of a Notification Letter from NASDAQ on December 12, 2025. The company failed to meet the minimum bid price requirement of US$1.00 per share under Listing Rule 5550(a)(2). This deficiency was based on the closing bid price for the 30 consecutive business days from October 30 through December 11, 2025.
Outlook, Risks, and Management Commentary
- Compliance Timeline: The company has been granted 180 calendar days, until June 10, 2026, to regain compliance.
- Remediation Requirement: To cure the deficiency, the company's ordinary shares must maintain a closing bid price of at least US$1.00 for a minimum of 10 consecutive trading days.
- Consequences of Non-Compliance: If the company fails to regain compliance by June 10, 2026, it may face delisting or be eligible for additional time to regain compliance.
- Current Trading Status: The notification has no immediate effect on trading; shares will continue to trade uninterrupted on NASDAQ under the ticker "GFAI".
- Management Action: Management intends to monitor the closing bid price and is considering various measures to improve its financial position and results of operations to address the short-term adverse effects on the trading price.
Investor Verification Checklist
- Verify the current closing bid price of GFAI shares to assess proximity to the US$1.00 threshold.
- Monitor upcoming announcements regarding specific measures the company plans to implement to improve its financial position.
- Track the company's progress toward achieving 10 consecutive trading days above US$1.00 before the June 10, 2026 deadline.
- Review the attached press release (Exhibit 99.1) for any additional details on the company's strategic response.