Recent Updates — GRRR
Gorilla Technology Group Inc. reported unaudited first-half fiscal 2026 results with revenue surging 99.3% to US$78.4 million from US$39.3 million in the prior year period, driven by accelerated delivery of AI infrastructure and data centre programmes. The company raised its full-year 2026 revenue outlook to at least US$200 million, up from a previous minimum of US$160 million, and increased Q3 2026 guidance to US$48–50 million. Despite the top-line growth, Gorilla reported an IFRS net loss of US$46.9 million compared to a US$8.5 million loss in H1 2025, largely due to US$25.4 million in stock-based compensation and foreign currency devaluation effects. Adjusted EBITDA widened to a loss of US$14.6 million from a US$6.2 million profit previously. Cash reserves strengthened by approximately US$79.8 million to close at US$179.4 million, supported by financing inflows and improved operating cash efficiency. Gorilla Technology Group Inc. operates in the security intelligence, network intelligence, IoT technology, and data centre infrastructure industry.
Gorilla Technology Group Inc. issued $125 million in aggregate principal amount of its 7.50% Senior Unsecured Convertible Notes, Series B due 2031 on July 17, 2026. The company filed a Registration Statement on August 12, 2026, and received SEC notification that there would be no review of the statement on August 14, 2026. A draft prospectus supplement was distributed to holders on August 15, 2026, with an intended effectiveness date for the Registration Statement set for August 21, 2026. Gorilla Technology Group Inc. operates in the technology sector, providing digital infrastructure and connectivity solutions.
On July 17, 2026, Gorilla Technology Group Inc. issued $125,000,000 aggregate principal amount of its 7.50% Senior Unsecured Convertible Notes, Series B due 2031. The company entered into a Registration Rights Agreement with purchasers to facilitate the resale of the notes and underlying ordinary shares. A draft registration statement is expected to be emailed to holders on or about August 3, 2026. Gorilla Technology Group Inc. operates in the technology sector, providing digital infrastructure and connectivity solutions.
On July 15, 2026, Gorilla Technology Group Inc. entered into a securities purchase agreement for the private placement of $125 million in aggregate principal amount of 7.50% Senior Unsecured Convertible Notes, Series B due 2031. The notes are convertible into ordinary shares at an initial conversion rate of 39.2425 shares per $1,000 principal amount (approximately $25.4826 per share). The placement closed on July 17, 2026, with the company receiving net proceeds of approximately $120.1 million. Interest is payable semi-annually in cash or ordinary shares. The company also entered into a Registration Rights Agreement and Lock-Up Agreements with directors and executive officers. Gorilla Technology Group Inc. operates in the technology industry, providing AI-driven software and hardware solutions.
Gorilla Technology Group Inc. has issued and sold $107,000,000 in 7.50% Senior Unsecured Convertible Notes due 2031. The company received net proceeds of approximately $102.4 million from the offering, which features an initial conversion price of approximately $25.48 per ordinary share.