10:19 AM EST, 01/14/2025 (MT Newswires) -- Guardforce AI ( GFAI ) filed a shelf registration statement with the US Securities and Exchange Commission Tuesday covering the potential sale of up to $300 million of securities from time to time in one or more offerings.

The statement covers ordinary shares, debt securities, warrants, rights and units.

The company said it plans to use any net proceeds generated from the securities sales to advance its artificial intelligence and robotics research and development initiatives, among other things.

Guardforce AI ( GFAI ) shares were up 26% in recent trading.

Price: 2.23, Change: +0.46, Percent Change: +25.99