Gorilla Technology Group Inc (GRRR) Quote

GRRR new 52 week low

GRRR new 52 week low

GRRR new 52 week low

GRRR new 52 week low

Gorilla Announces $12 Million Registered Direct Offering
June 07 2024 - 8:00AM
https://ih.advfn.com/stock-market/NASDAQ/gorilla-technology-GRRR/stock-news/94005152/gorilla-announces-12-million-registered-direct-of

Gorilla Technology Group Inc. (“Gorilla” or the “Company”) (NASDAQ: GRRR), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, today announced that it has entered into securities purchase agreements with existing institutional investors for the purchase and sale of 2,142,858 ordinary shares of the Company and warrants to purchase up to 2,142,858 ordinary shares pursuant to a registered direct offering (the “Offering”) at a combined purchase price of $5.60 per ordinary share and accompanying warrant to purchase ordinary shares. The warrants will have an exercise price of $5.90 per share, will be immediately exercisable upon issuance and will expire 5 years from issuance. The gross proceeds to Gorilla from this Offering, before deducting the placement agents’ fees and other offering expenses, will be approximately $12 million.
Gorilla intends to use the net proceeds from the Offering for working capital needs. The closing of the Offering is expected to occur on or about June 10, 2024, subject to the satisfaction of customary closing conditions.

A.G.P./Alliance Global Partners is acting as the sole placement agent for the Offering.

The securities described above are being offered pursuant to a shelf registration statement on Form F-3 (File No. 333-274053) that was filed with the Securities and Exchange Commission (the “SEC”) on August 17, 2023 and declared effective by the SEC on August 29, 2023. The Offering is being made by means of a prospectus, including a prospectus supplement, that form part of the registration statement. A final prospectus supplement and accompanying prospectus relating to the Offering will be filed with the SEC. Electronic copies of the final prospectus supplement and accompanying prospectus may be obtained, when available, from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@allianceg.com.

In connection with the Offering, the Company has agreed to reduce the exercise price of its outstanding Series A ordinary share purchase warrants and Series B ordinary share purchase warrants, to purchase up to 2,825,000 ordinary shares, that were issued to the existing institutional investors in the Company's previous registered direct offerings in September 2023 and February 2024, to $5.90 per ordinary share.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Investor Relations Contact:
Cody Fletcher
The Blueshirt Group for Gorilla
+1 (434) 251-7165
gorilla@blueshirtgroup.co

GRRR partners with SINTRONES...

https://www.sintrones.com/

so we watch...LJ

1st quarter, 2024 financials were due on 15th

of May for companies that keep

investors up to date in U.S....

5 month old filing now isn't gonna

add a lot to sentiment...

So we watch...LJ

'He Gone',,, hopefully he gets his broke

arse in better shape and can quit

selling so hard on GRRR...

https://www.otcmarkets.com/filing/html?id=17529761&guid=bBQ-k6XpGG6Vvhh

A CEO of another company needing money

badly is jinky to have around...

https://www.otcmarkets.com/filing/html?id=17351509&guid=bBQ-k6XpGG6Vvhh

https://www.otcmarkets.com/filing/html?id=17347282&guid=bBQ-k6XpGG6Vvhh

Only 2 links of recent sales that have

been going on for extended time...

So we watch...LJ

Lots of trash stock symbols being posted

on stocktwats board for GRRR...

And those posters may not have any

shares in GRRR...most look focused on

junk symbols for flips...

Avoiding distractions is easy...

so we watch...LJ

GRRR bottom in

GRRR had Disappointment gap down from 7.60

close on 04/09 when the company

surprised with the r/s 8-k filing...

https://www.barchart.com/stocks/quotes/GRRR/interactive-chart

Average daily pricing had been

stronger prior to that while share

holders await audited annual filing...

04/30 is date due for audited annual

filing for 2023 from GRRR...

Foreign companies are allowed 30

extra days for some odd reason...

Another video provider helps add illumination

but is playing the swing against the

Disappointment gap down which is

below most holders' average cost...

And could bag and tag profits and

try to reload cheaper before the

annual filing comes out...

Was able to add more after r/s

in low $5ish range but it wasn't with

short term hopes of $7ish...

Good to see more people watching after

death of tech was pre announced last

Friday by the market...


So we watch...LJ

GRRR by Moon Man..lol

GRRR down from $70 price in July, 2023...

https://www.barchart.com/stocks/quotes/GRRR/interactive-chart

Several longer term investors would

like to see a rebound in price...

And less sand tossed in their faces...

So we watch...LJ

Squeezed today but dont get greedy

Gorilla + Lanner Edge Ai Solutions info link...

https://lannerinc.com/solutions/edge-ai/gorilla-intelligent-video-analytics-recorder

so we watch...LJ

Jay Chandan Chairman and CEO $GRRR
Live on Discord Thursday 8am EST https://discord.gg/nDbBhHVY

Easy short today will revisit premarket tomorrow

Looking forward to getting past this RS..Only good things happening
By the way anyone listened to the YE conf call?
Lots of tidbits of what this year and next were shared.

Don’t embarrass yourself

Lets see now..
whats my record since Sept 2023.. all from my custom screener

CGAC .0004buys to .0015
TONR .0005 buys to 0014
ABQQ .0004 buys to .003+
ILST .0004/5 buys to 002 so far
NHMD .0005 buys to .003s
SPZI .0009 buys to 01+
CBDD .0006 buys to 002
RIOT 9.15 - 18+
IJJP .0004/5 buys

.. dont even start is right .. you wanna see a maggot .. lookin the mirror Clown Boy 🤡

They're all crap until they aren't

TrendTrade2016
Re: Strukture post# 142
Thursday, April 11, 2024 10:08:14 AM

DON'T GET ME STARTED...LOL...IJJP CGAC TONR JUST TO NAME A FEW OF YOYR DISASTERS

MY GYM HAS A TANNING BED MAGGOT...YOU PROBABLY HAVE NOT BEEN IN A GYM BEFORE...MOST MAGGOTS ARE SLOBS

You mean narcissistic
Loser / asshole .. the CAD DT jr just need some self tanner ya clown 🤡

REVERSE SPLIT HERE...THATS WHY IT TANKED...HOW COME YOU ONLY FOCUS ON THE ONES THAT DID NO WORK OUT...NEVER MY MONSTERS...CLOWNS AND MAGGOTS ALWAYS TRY TO DEFAME THE MASTER!

Everyone of them called on the bottom chart .. least I dont lead lambs to slaughter buying Top breakouts.. watched many of your fail within a day or so as they break down after the top resistance break lol

DON'T GET ME STARTED...LOL...IJJP CGAC TONR JUST TO NAME A FEW OF YOYR DISASTERS

TrannyTrade failed Pump calling the high, never bottom support setups on here

TrendTrade2016
Monday, April 08, 2024 12:55:03 PM

LOADED THE DIP AND NOW THE RIP

Thames Freeport is forward looking and Alliance

with them seems taboo on this

board so focused on the dark side...

https://thamesfreeport.com/

https://finance.yahoo.com/news/gorilla-technology-thames-freeport-announce-120000056.html

Connectiv City chat surely won't break

up a pity party rocking...

So we watch...LJ

Huge mistake im laughing my arse off these idiot management killed the stock for absolutely no reason at all.

GRRR: effective April 15,2024 a one for 10 reverse split:

https://hedgefollow.com/upcoming-stock-splits.php

I hope shorts bleed this POS to .47 mgmt is real flocking isiots for doing this, could have easily launched towards $2 if they announced no r/s

Mgmt R/S huge mistake I am out with .03 loss management doesnt believe enough in the company to get it over $1? P/E way undervalued here why not let it organically grow in Stock Price? R/S is absolutely never a good thing for retail. Will keep it on watch but this was a bad decision

Back in on great earnings report. Undervalued. Only thing hurting this is R/S rumors

GRRR needs a copy of taxes paid in

a download in an 8-k filing

if they pay on time for 2023...

A high level tech company should

know of a way to do it...

So we watch...LJ

LOADED THE DIP AND NOW THE RIP

or not, lol

moving up some now.

GRRR...THE APES ARE LOADING

Using chips from nivi may be jinxy

for the share price...

must be the share price problem...


so we watch...LJ

Using chips from nivi may be jinxy

for the share price...

must be the share price problem...


so we watch...LJ

Can't argue with profits:

Gorilla recorded net profit of $19.9 million in fiscal year 2023, a dramatic shift of 123% from a loss of $(87.5) million in fiscal year 2022.

And at 91 cents a share, this stock only has a market cap of $73 million.

Quick math gives price/earnings of (73/19.9) = 3.67

GLTA.

20-F Annual Audited Filing due by May,1,2024...

https://www.mayerbrown.com/-/media/files/perspectives-events/publications/2022/12/legal-update_2023sec-filing-dates.pdf

'patting shorts on hand',,,keep it real...


So we watch...LJ

Gorilla Reports Record 2023 Financial Results
April 4, 2024
https://investors.gorilla-technology.com/news-releases/news-release-details/gorilla-reports-record-2023-financial-results

Highlights
-- 2023 revenues up 189% YoY compared to 2022, highlighting continued success globally --
-- High value product and services business model reflected in 2023 gross margin of 69% --
-- Total net income of $19.9 million, compared to ($87.5 million), a 123% increase YoY --
-- Adj. EBITDA of $29.0 million, compared to ($6.0) million, a 587% increase YoY --

All Ai crumb snatchers aren't priced high...






So we watch...LJ

Gorilla Technology Group to Introduce Security Solutions in Thailand’s Expanding Data Center Market
March 28 2024
https://ih.advfn.com/stock-market/NASDAQ/gorilla-technology-GRRR/stock-news/93568627/gorilla-technology-group-to-introduce-security-sol

Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, today announced its further expansion in the Thailand market, tackling its burgeoning data center needs by introducing a comprehensive suite of full-stack offerings aimed at revolutionizing security convergence for these facilities. This strategic expansion marks a significant milestone for both Gorilla and the evolving technological landscape in Thailand.
Data centers are the cornerstone of digital infrastructure and essential for various sectors by storing critical information. Gorilla, leveraging its recent success in creating Egypt’s first AirGap Network, plans to enhance the security of Thailand’s data centers with its Security Convergence portfolio. Utilizing its proprietary technology and collaborations with industry leaders, the company seeks to set a new benchmark in security for Thailand’s data center landscape, thereby protecting both digital assets and physical infrastructure.

Strategic Benefits for Thailand:

1. Enhanced Security: Gorilla boosts Thailand's data center protection, reducing cybersecurity risks and elevating the nation's digital security.
2.Technological Advancement: The Company's cutting-edge solutions drive innovation and elevate Thailand's data centers to global competitiveness.
3.Economic Growth: Gorilla’s initiatives stimulate Thailand's economy by expanding data center capacity, attracting investments, and creating tech jobs.
4.Partnership Opportunities: The partnership fosters knowledge sharing and innovation between Thailand and global tech leaders, enhancing the local tech ecosystem.
"Gorilla Technology is thrilled to further expand in the Thailand market and contribute to its journey towards becoming a digital hub in Southeast Asia," said Jay Chandan, CEO and Chairman of Gorilla. "Our full-stack solutions are designed to meet the unique needs of the Thai market, addressing the needs for robust security, data sovereignty and technological advancement, comprehensively aimed at empowering the country’s digital economy. We are extremely optimistic about Thailand's data center market's growth - a projected CAGR of 9.8% from $764 million in 2022 to $1.33 billion by 2028 - and believe we are strategically positioned to support this development. We look forward to fostering strong partnerships and driving innovation that benefits Thailand's economy and society."

About Gorilla Technology Group Inc.

"Empowering Your Tomorrow"

Gorilla, headquartered in London, U.K., is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. Gorilla offers a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education.

The Company’s vision is to empower a connected tomorrow through innovative and transformative technologies. Gorilla envisions a world where seamless connectivity transcends boundaries, enriching lives, industries, and societies.

For more information go to www.gorilla-technology.com.

Glad I flipped my calls on the run from .69 to .80s R/S is never good, means they will miss earnings if they dont think this cant move above compliance

exactly why i take profits early

Proposal 1 – Ordinary Resolution – Approval of the Share Consolidation:

The shareholders voted to approve a share consolidation of the Company’s ordinary shares

Proposal 2 – Ordinary Resolution – Approval of an increase in the Company’s authorized share capital:

The Extraordinary Meeting was adjourned with respect to the proposal to increase the authorized share capital of the Company. The Extraordinary Meeting will reconvene to consider this proposal at 9:00 a.m. ET on April 18, 2024.

Link https://investors.gorilla-technology.com/node/7491/html

usually a 90 day max rule

Appreciate that i just dont marry stocks more than a couple months

premiums are absolute dirt, mms betting against gorilla, burn these dbags

GRRR partnered with an established company

with Lanner Electronics...

some Lanner product videos...








https://finance.yahoo.com/news/gorilla-technology-group-lanner-electronics-130000413.html


No idea how any of it works inside,

but it is interesting...


So we watch...LJ