Titan Partners Group LLC Facilitates $105 Million Equity Raise for Gorilla Technology

Titan Partners Group LLC, a division of American Capital Partners, has announced its role as the sole placement agent in a $105 million registered direct offering for Gorilla Technology Group Inc. (NASDAQ: GRRR). This substantial financial move involves the offering of 6 million ordinary shares or pre-funded warrants at $17.50 per share. The initiative is supported by a new fundamental institutional investor alongside a significant existing shareholder, showcasing strong confidence in Gorilla Technology's future prospects.

The proceeds from this offering are earmarked for a variety of corporate needs, including working capital, performance guarantees, statutory reserves, and the funding of previously announced acquisitions. This strategic financial infusion is expected to bolster Gorilla Technology's operational capabilities and support its growth trajectory in the competitive tech industry. The offering is anticipated to close around July 2, 2025, subject to the fulfillment of customary closing conditions.

This development is a testament to Titan Partners Group LLC's expertise in facilitating high-value capital market transactions. With a team of seasoned financial services professionals, Titan Partners has a track record of completing numerous public and private capital markets transactions, raising billions in gross proceeds. Their role in this offering underscores their capability to support emerging growth companies in achieving their financial and strategic objectives.

For more details on the offering, interested parties can visit https://ibn.fm/XZ8iJ. This equity raise not only signifies a pivotal moment for Gorilla Technology but also highlights the vibrant activity within the tech sector's financial landscape, pointing to continued investor interest in innovative technology companies.