Gorilla Announces $105 Million Registered Direct Offering of Common Stock
Gorilla Technology Group (NASDAQ: GRRR) has announced a $105 million registered direct offering of common stock, with shares priced at $17.50 per ordinary share. The offering consists of 6,000,000 ordinary shares (or pre-funded warrants) and is primarily led by a $100 million investment from a new fundamental institutional investor, with additional participation from an existing large shareholder.
The offering is expected to close around July 2, 2025, subject to customary closing conditions. Titan Partners Group, a division of American Capital Partners, is serving as the sole placement agent. The proceeds will be utilized for working capital needs, including establishing performance guarantees, bid bonds, statutory capital reserves for project bids, supporting previously announced acquisitions, and other general corporate purposes.
The offering is being conducted through an effective shelf registration statement on Form F-3 previously filed with the SEC on August 17, 2023, and declared effective on August 29, 2023.
Gorilla Technology Group (NASDAQ: GRRR) ha annunciato un'offerta diretta registrata di azioni ordinarie per un valore di 105 milioni di dollari, con un prezzo di 17,50 dollari per azione ordinaria. L'offerta comprende 6.000.000 di azioni ordinarie (o warrant pre-finanziati) ed è principalmente guidata da un investimento di 100 milioni di dollari da un nuovo investitore istituzionale fondamentale, con la partecipazione aggiuntiva di un grande azionista esistente.
L'offerta dovrebbe concludersi intorno al 2 luglio 2025, soggetta alle consuete condizioni di chiusura. Titan Partners Group, una divisione di American Capital Partners, agisce come unico agente di collocamento. I proventi saranno utilizzati per esigenze di capitale circolante, inclusa la costituzione di garanzie di prestazione, cauzioni d'offerta, riserve di capitale statutarie per gare d'appalto, supporto per acquisizioni precedentemente annunciate e altre finalità aziendali generali.
L'offerta viene effettuata tramite una dichiarazione di registrazione a scaffale efficace sul modulo F-3, precedentemente depositata presso la SEC il 17 agosto 2023 e dichiarata efficace il 29 agosto 2023.
Gorilla Technology Group (NASDAQ: GRRR) ha anunciado una oferta directa registrada de acciones comunes por 105 millones de dólares, con un precio de 17,50 dólares por acción ordinaria. La oferta consta de 6,000,000 de acciones ordinarias (o warrants prefinanciados) y está liderada principalmente por una inversión de 100 millones de dólares de un nuevo inversor institucional fundamental, con participación adicional de un accionista importante ya existente.
Se espera que la oferta cierre alrededor del 2 de julio de 2025, sujeta a las condiciones habituales de cierre. Titan Partners Group, una división de American Capital Partners, actúa como único agente colocador. Los fondos se utilizarán para necesidades de capital de trabajo, incluyendo el establecimiento de garantías de cumplimiento, fianzas de licitación, reservas de capital estatutarias para licitaciones de proyectos, apoyo a adquisiciones previamente anunciadas y otros propósitos corporativos generales.
La oferta se realiza a través de una declaración de registro en estantería efectiva en el Formulario F-3, presentada previamente ante la SEC el 17 de agosto de 2023 y declarada efectiva el 29 de agosto de 2023.
고릴라 테크놀로지 그룹 (NASDAQ: GRRR)이 보통주 등록 직접 공모를 통해 1억 500만 달러를 조달한다고 발표했으며, 보통주 1주당 가격은 17.50달러입니다. 이번 공모는 6,000,000주의 보통주(또는 선행 자금 워런트)로 구성되며, 새로운 주요 기관 투자자로부터 1억 달러의 투자가 주도하고 기존 대주주의 추가 참여도 포함되어 있습니다.
공모는 2025년 7월 2일경 마감될 예정이며, 통상적인 마감 조건이 적용됩니다. American Capital Partners의 부서인 Titan Partners Group이 단독 배정 대행사로 활동합니다. 조달 자금은 성과 보증 설정, 입찰 보증금, 프로젝트 입찰을 위한 법정 자본 준비금, 이전에 발표된 인수 지원 및 기타 일반 기업 목적을 위한 운전자본으로 사용될 예정입니다.
이번 공모는 2023년 8월 17일 SEC에 제출되어 2023년 8월 29일 효력이 발생한 F-3 양식의 유효 선반 등록 명세서를 통해 진행됩니다.
Gorilla Technology Group (NASDAQ : GRRR) a annoncé une offre directe enregistrée d'actions ordinaires d'une valeur de 105 millions de dollars, avec un prix de 17,50 dollars par action ordinaire. L'offre comprend 6 000 000 d'actions ordinaires (ou des bons de souscription préfinancés) et est principalement menée par un investissement de 100 millions de dollars d'un nouvel investisseur institutionnel fondamental, avec une participation supplémentaire d'un actionnaire important existant.
La clôture de l'offre est prévue aux alentours du 2 juillet 2025, sous réserve des conditions habituelles de clôture. Titan Partners Group, une division d'American Capital Partners, agit en tant qu'agent unique de placement. Les fonds seront utilisés pour les besoins en fonds de roulement, notamment pour établir des garanties de performance, des cautions d'appel d'offres, des réserves de capital statutaires pour les appels d'offres de projets, soutenir des acquisitions précédemment annoncées et d'autres fins générales d'entreprise.
L'offre est réalisée via une déclaration d'enregistrement sur étagère effective sur le formulaire F-3, déposée auprès de la SEC le 17 août 2023 et déclarée effective le 29 août 2023.
Gorilla Technology Group (NASDAQ: GRRR) hat eine direkte registrierte Kapitalerhöhung von Stammaktien im Wert von 105 Millionen US-Dollar angekündigt, wobei die Aktien zu 17,50 US-Dollar pro Stammaktie bepreist sind. Das Angebot umfasst 6.000.000 Stammaktien (oder vorfinanzierte Warrants) und wird hauptsächlich von einer Investition von 100 Millionen US-Dollar eines neuen grundlegenden institutionellen Investors geführt, mit zusätzlicher Beteiligung eines bestehenden Großaktionärs.
Der Abschluss der Platzierung wird voraussichtlich um den 2. Juli 2025 erfolgen, vorbehaltlich der üblichen Abschlussbedingungen. Titan Partners Group, eine Division von American Capital Partners, fungiert als alleiniger Platzierungsagent. Die Erlöse werden für den Betriebskapitalbedarf verwendet, einschließlich der Einrichtung von Leistungsgarantien, Angebotsbürgschaften, gesetzlichen Kapitalrücklagen für Projektangebote, Unterstützung zuvor angekündigter Übernahmen sowie für allgemeine Unternehmenszwecke.
Das Angebot wird über eine wirksame Shelf-Registrierungserklärung auf Formular F-3 durchgeführt, die zuvor am 17. August 2023 bei der SEC eingereicht und am 29. August 2023 wirksam wurde.
- Substantial capital raise of $105 million strengthens company's financial position
- Strategic investment led by a new fundamental institutional investor ($100M)
- Additional participation from existing large shareholder demonstrates continued investor confidence
- Proceeds will support growth initiatives including project bids and previously announced acquisitions
- Potential dilution for existing shareholders through issuance of 6 million new ordinary shares
- Offering price of $17.50 per share may impact stock valuation
Insights
Gorilla Technology secures $105M funding at premium pricing, strengthening financial position for project bids and acquisitions.
Gorilla Technology has secured a
The offering price of
The proceeds will be strategically allocated to establish performance guarantees and bid bonds—critical requirements when competing for large contracts. This capital will enable Gorilla to pursue larger projects that typically require substantial financial backing and security deposits. The funding will also support previously announced acquisitions, suggesting an aggressive growth strategy combining organic expansion with strategic purchases.
The offering's structure as a registered direct offering (RDO) allows for a more streamlined process compared to traditional public offerings, typically resulting in lower costs and faster execution. The expected closing date of July 2, 2025, indicates the deal is progressing rapidly.
For investors, this capital raise strengthens Gorilla's balance sheet and enhances its ability to pursue growth opportunities in the security intelligence, network intelligence, business intelligence, and IoT technology markets. The company's ability to attract significant institutional investment, particularly in the current market environment, demonstrates institutional confidence in its business model and leadership team.
- The offering is led by a
$100 million investment from a single new fundamental institutional investor and includes additional participation from a large existing shareholder - The proceeds will be used to establish performance guarantees and bid bonds, as well as meeting requirements in connection with bids for projects, and in relation to previously announced acquisitions
London, United Kingdom--(Newsfile Corp. - June 30, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today announced that it has entered into a securities purchase agreement for ordinary shares with a
The gross proceeds to the Company from the offering are expected to be approximately
Titan Partners Group, a division of American Capital Partners, is acting as the sole placement agent for the offering.
The offering is expected to close on or about July 2, 2025, subject to the satisfaction of customary closing conditions.
The offering is being made pursuant to an effective shelf registration statement on Form F-3 (File No. 333-274053) previously filed with the Securities and Exchange Commission (the "SEC") on August 17, 2023, and declared effective on August 29, 2023. The offering is being made only by means of a prospectus supplement and the accompanying base prospectus that form a part of the registration statement. A final prospectus supplement relating to the offering will be filed with the SEC and will be available on the SEC's website at www.sec.gov. Copies of the final prospectus supplement and the accompanying base prospectus relating to the offering, when available, may be obtained by contacting Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 29th Floor, New York, NY 10007, by phone at (929) 833-1246 or by email at prospectus@titanpartnersgrp.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
About Gorilla Technology Group Inc.
Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.
Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.
For more information, please visit our website: Gorilla-Technology.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding relating the expected completion, timing and size of the offering, the Company's intended use of proceeds from the offering, Gorilla's ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla filed with the SEC on April 30, 2025 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.
Public Relations Contact:
Samantha Dowd
Prosek Partners
GRRR@prosek.com
Investor Relations Contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257269
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