DealsJun 5, 2026, 05:11 PM
Gorilla Technology Group to Sell $107M in Convertible Notes
AI Summary
Gorilla Technology Group Inc. has entered into a Securities Purchase Agreement to issue and sell up to $107,000,000 in principal amount of 7.50% Senior Unsecured Convertible Notes due 2031. The agreement was dated June 2, 2026, and the closing is expected to occur within two business days after all conditions are met. The company has utilized an effective registration statement on Form F-3 for this offering.
Key Highlights
- Gorilla Technology Group Inc. entered into a Securities Purchase Agreement on June 2, 2026.
- The agreement involves the issuance and sale of up to an aggregate of $107,000,000 in principal amount of Convertible Notes.
- The transaction is subject to customary closing conditions and is expected to close within two business days following the satisfaction of these conditions.
- The Convertible Notes are due on June 15, 2031, with a 7.50% senior unsecured interest rate.
- The company has filed a registration statement on Form F-3 (File No. 333-274053) for the sale and issuance of the Notes and Underlying Shares.
Price Impact
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