Gorilla Technology Updates Share Count: A Mixed Bag for Investors?

Gorilla Technology Group Inc. (GRRR) recently announced its updated share count and provided its market capitalization figure. This has sparked mixed reactions among investors.Let’s see why.As of Jan. 3, 2025, the London-based company reported having 18,464,651 ordinary shares outstanding, reflecting the full conversion of all preference shares and the exercise of 2,663,750 Series A, Series B and Series C warrants. With its share price at $24.33 on Jan. 2, 2025, its market capitalization stands at $449.2 mi ...