Gorilla Technology Group Inc. Secures Up to $100M Funding Agreement
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.