Guardforce AI Co., Limited·Industrials

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Guardforce AI Co Ltd (NASDAQ:GFAI) has completed the acquisition of MGAI Limited, a Hong Kong-based holding company that controls a majority stake in Shenzhen Muyan Education Technology Consulting, strengthening its foothold in AI-driven healthcare services across Asia. MGAI holds roughly 61.85% of Muyan Education, a provider of AI-supported speech therapy and rehabilitation solutions.

NEW YORK, NY, March 17, 2026 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an AI-driven technology company providing Agentic AI smart solutions in automation, robotics, and secured logistics, today announced it has completed the acquisition of 100% of the issued share capital of MGAI Limited (“MGAI”), a Hong Kong-incorporated holding company. MGAI holds approximately 61.85% of the equity interest in Shenzhen Muyan Education Technology Consulting Co., Ltd.

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Guardforce AI Co., Limited offers cash solutions and cash handling services in Thailand. The company's services include cash-in-transit, vehicles to banks, ATM management, cash center operations, cash processing, coin processing, and cheque center services, as well as cash deposit machine solutions, such as cash deposit management and express cash services. Its customers include local commercial banks, chain retailers, coin manufacturing mints, and government authorities. The company was incorporated in 2018 and is based in Singapore.
Industrials
Security & Protection Services
1,698
2021-09-29
2.64