Guardforce AI Announces LOI to Acquire Shenzhen Kewei Robot Technology Company Limited, a Premier Robotics Technology Company in China
2022年9月13日 - 8:00PM
Guardforce AI Co., Limited (“Guardforce AI” or the
“Company”) (NASDAQ:GFAI, GFAIW), an integrated security
solutions provider, announced today it has signed a non-binding
letter of intent (LOI) with Shenzhen Intelligent Guardforce Robot
Co., Ltd to acquire Shenzhen Kewei Robot Technology Company Limited
(“Kewei”), a high-tech robotics company specializing in developing
robotics software solutions and robotics management platforms, as
well as robotics sales and technical services.
This agreement supersedes and replaces the
previously announced LOI with Kewei to acquire 12 of its subsidiary
companies, and the terminated securities purchase agreement
pursuant to which the Company had intended to acquire 7 of its
subsidiary companies.
The purchase price and consummation of the
acquisition of Kewei are subject to the satisfactory completion of
the Company’s due diligence and an independent audit, as well as a
third-party valuation and fairness opinion. The Company plans to
pay for this acquisition through a combination of cash (10%) and
restricted common stock of the Company (90%) at a value of no less
than $1 per share. Guardforce AI expects to enter into a definitive
purchase agreement with Kewei relating to this acquisition within
the next few months.
Lin Jia, President of Guardforce AI, stated, “We
are thrilled to announce this proposed acquisition of Kewei, a
qualified National High-tech Enterprise in China, which holds more
than a dozen robotics-related patents and more than 40 copyrights
to its proprietary software. Its robotic solutions cover a variety
of recurring revenue streams such as technical services and
robotics advertising. The RaaS platform currently operates
approximately 65,000 robots that belong to Kewei, clients, and
partners, of which more than 40,000 are equipped with screens for
advertising and interactive features. Kewei’s customer base
includes an impressive roster of Fortune 500 corporations across
various industries. In 2021, the unaudited Chinese GAAP revenue for
Kewei was approximately USD $15 million. Overall, we believe this
proposed acquisition, including Kewei’s highly skilled R&D
team, robust robotics platform, operational skills, as well as its
advertising and technical capabilities, provide us a solid
foundation to further expand our geographic footprint across China
and other international markets.”
Olivia Wang, Chairwoman and Chief Executive
Officer of Guardforce AI, added, “After conducting further due
diligence, it became clear that acquiring Kewei itself, compared to
acquiring only the Kewei sales channel subsidiaries, would add both
a premier roster of business clients, as well as advanced
technologies that we believe will help to accelerate our strategic
expansion within the robotics industry worldwide. Overall, we
remain focused on our goal to transform Guardforce AI into a
leading integrated security company in AI and robotics.”
About Guardforce AI Co., Ltd.
Guardforce AI Co., Ltd. (NASDAQ:GFAI, GFAIW) is a global integrated
security solutions provider that is focused on developing robotic
solutions and information security services that complement its
well-established secured logistics business. With more than 40
years of professional experience, Guardforce AI is a trusted brand
name that protects and transports high-value assets belonging to
public and private sector organizations. Guardforce AI develops and
provides innovative technologies and services that enhance safety
and protection. For more information, visit
www.guardforceai.com.
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
RudmanCrescendo Communications, LLCEmail: gfai@crescendo-ir.comTel:
212-671-1020
Guardforce AI Corporate CommunicationsHu Yu
Email: yu.hu@guardforceai.com
Guardforce AI (NASDAQ:GFAIW)
過去 株価チャート
から 11 2024 まで 12 2024
Guardforce AI (NASDAQ:GFAIW)
過去 株価チャート
から 12 2023 まで 12 2024