Guardforce AI Co. to be delisted from Nasdaq

What happened

On October 1 2026, Nasdaq Stock Market LLC filed a Form 25‑NSE with the SEC indicating the removal of Guardforce AI Co., Ltd.’s (ticker GFAI) shares from the Nasdaq listing.

The filing, referenced under SEC file number 001‑40848, states that Nasdaq has complied with its rules under 17 CFR 240.12d2‑2(b) to strike the class of securities from listing and registration.

Guardforce AI’s principal executive office is located at 10 Anson Road, #28‑01 International Plaza, Singapore.

Why it happened

The Form 25 filing does not disclose the specific reason for the delisting. No explanation was provided in the filing or in any accompanying press release.

What this means

Form 25 is the SEC‑mandated notice used when a security is removed from an exchange’s listing. Either the exchange or the issuer can file it, and it satisfies the requirement to notify the SEC that the security will no longer be listed or registered on that exchange.

When a company’s shares are delisted from Nasdaq, they cease to trade on that market. Existing shareholders retain ownership, but the shares typically move to over‑the‑counter (OTC) markets, where liquidity and price transparency are generally lower.

Investors who hold GFAI shares will need to monitor any subsequent filings for a potential transition to an OTC market, a possible relisting on another exchange, or other corporate actions such as a merger or liquidation.

The stock closed at $0.31 on the day of the filing, down 3.13% from the prior close of $0.32, reflecting market reaction to the delisting notice.