- Guardforce AI Co., Limited (NASDAQ:GFAI) shares are trading higher Friday morning.
- Guardforce AI priced the public offering of 2.58 million ordinary shares, at $4.65 a piece, on May 10, for aggregate gross proceeds of approximately $12.0 million.
- Following the announcement, shares plummeted nearly 31% on May 11.
- The company has granted the underwriters a 45-day option to purchase up to an additional 387,090 ordinary shares at the public offering price per share.
- Guardforce’s offering is expected to close on May 15, 2023.
- Related: Guardforce AI Stock Is Tanking After Hours: What’s Going On?
- Guardforce is an integrated security provider specializing in secured logistics, AI and Robot-as-a-Service (RaaS). The stock has soared in recent months amid a surge in the popularity of AI-related names.
- Price Action: GFAI shares traded higher by 4.81% at $5.23 on the last check Friday.
Biofrontera Inc. Announces Last Patient Out In Phase I Study To Evaluate Safety And Tolerability In Treating Actinic Keratosis Using 3 Tubes Of Ameluz(R)
Biofrontera Inc. (NASDAQ:BFRI), a biopharmaceutical company specializing in the commercialization of dermatological products, today announced that that the last patient in a Phase I study to evaluate the safety and
