DealsOct 30, 2026, 09:01 AM
Gorilla Technology Group Inc. Secures Up to $100M Funding Agreement
AI Summary
Gorilla Technology Group Inc. has entered into a Securities Purchase Agreement with an investor for a potential funding of up to $100,000,000. The agreement involves the issuance of senior convertible promissory notes, Series D Ordinary Share purchase warrants, and Pre-Delivery Shares. The initial closing is set for $25,000,000, with provisions for subsequent closings totaling up to $75,000,000. The company will also pay a commitment fee of 3.0% on the funding amount at each closing.
Key Highlights
- Gorilla Technology Group Inc. entered into a Securities Purchase Agreement with an Investor.
- The agreement allows for the issuance and sale of up to $100,000,000 in aggregate funding.
- This includes senior convertible promissory notes, Series D Ordinary Share purchase warrants, and Pre-Delivery Shares.
- The initial closing involves $25,000,000 in funding, with subsequent closings up to $75,000,000.
- The company will pay a commitment fee of 3.0% of the applicable Funding Amount at each closing.
Price Impact
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