Gorilla Technology Group (GRRR) Announce $25M Convertible Stock Offering

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Gorilla Announces $25 Million Registered Direct Offering of Convertible Preferred Stock

September 20, 2023 8:00 AM EDT

LONDON, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (Gorilla) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today announced that it has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 25,000 Series A convertible preference shares (the Series A preference shares) at a purchase price of $1,000 per share pursuant to a... More