0001213900-24-057305.txt : 20240628 0001213900-24-057305.hdr.sgml : 20240628 20240628172149 ACCESSION NUMBER: 0001213900-24-057305 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20240628 FILED AS OF DATE: 20240628 DATE AS OF CHANGE: 20240628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Guardforce AI Co., Ltd. CENTRAL INDEX KEY: 0001804469 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-DETECTIVE, GUARD & ARMORED CAR SERVICES [7381] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40848 FILM NUMBER: 241086967 BUSINESS ADDRESS: STREET 1: 10 ANSON ROAD STREET 2: #28-01 INTERNATIONAL PLAZA CITY: SINGAPORE STATE: U0 ZIP: 079903 BUSINESS PHONE: 66 (0) 2973 6011 MAIL ADDRESS: STREET 1: 10 ANSON ROAD STREET 2: #28-01 INTERNATIONAL PLAZA CITY: SINGAPORE STATE: U0 ZIP: 079903 FORMER COMPANY: FORMER CONFORMED NAME: Guardforce AI Co., Ltd DATE OF NAME CHANGE: 20200224 6-K 1 ea0208726-6k_guard.htm REPORT OF FOREIGN PRIVATE ISSUER

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of, June 2024

 

Commission File Number 001-40848

 

GUARDFORCE AI CO., LIMITED

(Translation of registrant’s name into English)

 

 

10 Anson Road, #28-01 International Plaza

Singapore 079903

 (Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

On June 25, 2024, Guardforce AI Co., Limited (the “Company”) issued a press release announcing that Guardforce Cash Solutions Security (Thailand) Company (“GFCS”), a subsidiary of the Company, has successfully secured a 5-year contract to operate a Consolidated Cash Center in Chiangmai on behalf of the Bank of Thailand, commencing at the end of 2024. A copy of that press release is attached hereto as Exhibit 99.1.

 

This report on Form 6-K is incorporated by reference into (i) the prospectus contained in the Company’s registration statement on Form F-3 (SEC File No. 333-261881) declared effective by the Securities and Exchange Commission (the “Commission”) on January 5, 2022; (ii) the prospectus dated February 9, 2022 contained in the Company’s registration statement on Form F-3 (SEC File No. 333-262441) declared effective by the Commission on February 9, 2022; and (iii) the prospectus contained in the Company’s Post-Effective Amendment No. 1 to Form F-1 on Form F-3 (SEC File No. 333-258054) declared effective by the Commission on June 14, 2022.

 

1

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release titled “Guardforce AI Secures 5-Year Contract to Operate Consolidated Cash Center in Thailand, Enhancing Comprehensive Service Capabilities Along with AI Solutions for Retail Clients” dated June 25, 2024

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: June 28, 2024 Guardforce AI Co., Limited
     
  By: /s/ Lei Wang
    Lei Wang
    Chief Executive Officer

 

 

3

 

EX-99.1 2 ea020872601ex99-1_guard.htm PRESS RELEASE TITLED "GUARDFORCE AI SECURES 5-YEAR CONTRACT TO OPERATE CONSOLIDATED CASH CENTER IN THAILAND, ENHANCING COMPREHENSIVE SERVICE CAPABILITIES ALONG WITH AI SOLUTIONS FOR RETAIL CLIENTS" DATED JUNE 25, 2024

Exhibit 99.1

 

 

Guardforce AI Secures 5-Year Contract to Operate Consolidated Cash Center in Thailand, Enhancing Comprehensive Service Capabilities Along with AI Solutions for Retail Clients

 

New York, NY/ June 25, 2024 / Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security, AI and Robot-as-a-Service (RaaS) provider, today announced Guardforce Cash Solutions Security (Thailand) Company (“GFCS”), a subsidiary of Guardforce AI, has successfully secured a 5-year contract to operate Consolidated Cash Center (“CCC”) in Chiangmai on behalf of the Bank of Thailand (“BOT”), commencing at the end of 2024.

 

Prior to winning the contract in Chiangmai, GFCS had already secured multiple 5-year contracts to operate CCCs in Ubonratchathani, Phitsanulok, Hadyai, and Khon Kaen over the past three years. With the addition of Chiangmai CCC, GFCS will become the largest CCC operator on behalf of BOT, managing five CCCs in total, which accounts for 50% of BOT's CCCs.Through the five CCCs, the service range covers 44 out of 77 provinces and approximately 1,900 ATMs, spanning from the north and northeast to the far south of the country.

 

Lei (Olivia) Wang, Chairwoman and Chief Executive Officer at Guardforce AI, commented, “Managing the CCCs on behalf of the BOT not only consolidates our operations in these regions but also allows us to upgrade our facilities without additional investments. Securing this contract not only provides validation for our high service standards for security and operational efficiency, but it also expands our ability to serve retail customers more effectively. Furthermore, our robust service foundation and diverse offerings align seamlessly with our AI and robotics solutions, enabling us to deliver more comprehensive and integrated services to our retail clients.”

 

As a strategic goal for 2024, Guardforce AI has been actively expanding its retail base in Thailand. At the end of May 2024, Guardforce AI served approximately 7,000 retail locations nationwide, many of which have been long-term customers. This number continues to grow alongside increasing tourism and the opening of new retail stores.

 

About Guardforce AI Co., Ltd.

 

Guardforce AI Co., Limited (NASDAQ: GFAI/GFAIW) is a global integrated solution provider, focusing on security solutions (since 1982) and AI & robotic solutions (since 2020). Drawing upon its extensive experience in the security industry, spanning over 41 years, along with an established premiere long-term customer base, and robust sales channels, Guardforce AI has embarked on a transformative journey towards becoming a total AI solution provider. While firmly rooted in the Asia Pacific region, Guardforce AI also expanded its global presence in the U.S. For more information, visit www.guardforceai.com Twitter: @Guardforceai

 

 

 

 

Safe Harbor Statement

 

This press release contains statements that do not relate to historical facts but are "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can generally (although not always) be identified by their use of terms and phrases such as anticipate, appear, believe, continue, could, estimate, expect, indicate, intend, may, plan, possible, predict, project, pursue, will, would and other similar terms and phrases, as well as the use of the future tense. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including the risks described in our registration statements and reports under the heading "Risk Factors" as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements in this press release speak only as of the date hereof. Unless otherwise required by law, we undertake no obligation to publicly update or revise these forward-looking statements, whether because of new information, future events or otherwise.

 

Investor Relations:

 

David Waldman or Natalya Rudman

Crescendo Communications, LLC

Email: gfai@crescendo-ir.com

Tel: 212-671-1020

 

Guardforce AI Corporate Communications

 

Hu Yu

Email: yu.hu@guardforceai.com

 

 

 

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