Guardforce AI closes acquisition of MGAI for USD 300,000 and 5 million restricted shares

Reuters
Mar 17
<a href="https://laohu8.com/S/GFAIW">Guardforce AI</a> closes acquisition of MGAI for USD 300,000 and 5 million restricted shares

Guardforce AI completed the acquisition of 100% of MGAI, a Hong Kong holding company. MGAI holds about 61.85% of Shenzhen Muyan Education Technology Consulting, giving Guardforce AI indirect majority control of Muyan Education. The consideration was USD 300,000 in cash and 5 million restricted ordinary shares. The restricted shares are subject to performance-based vesting tied to revenue milestones through 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Guardforce AI Co. Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603170830PRIMZONEFULLFEED9673294) on March 17, 2026, and is solely responsible for the information contained therein.

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