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Gorilla Technology to Present at the ThinkEquity Conference
Newsfile· 2025-10-27 13:15
Core Insights - Gorilla Technology Group Inc. will present at the ThinkEquity Conference on October 30, 2025, in New York [1][2] - The company specializes in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology [3][4] Event Details - Presentation Date: October 30, 2025 [2] - Presentation Time: 12:00 p.m. Eastern Time [2] - Location: The Mandarin Oriental Hotel, South Salon II [2] - A webcast of the presentation will be available on the company's website [2] Company Overview - Gorilla Technology is headquartered in London, U.K., and provides solutions across various sectors including Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare, and Education [3][4] - The company utilizes AI and Deep Learning Technologies to enhance urban operations, security, and resilience [4] - Key products include intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics, and advanced cybersecurity technologies [4]
Gorilla Technology Increases Share Repurchase Buyback Programme to $20 Million
Newsfile· 2025-10-21 13:20
Core Viewpoint - Gorilla Technology Group Inc. has increased its share repurchase program to $20 million, reflecting the company's belief that its current market valuation does not accurately represent its intrinsic value and growth potential [1][2]. Financial Performance and Strategy - The company has executed a $1.4 billion AI data center contract and launched a post-quantum cryptography initiative, alongside securing business wins in the Asia-Pacific region [2]. - Gorilla currently holds approximately $107 million in free cash and $120 million in restricted cash, indicating a strong liquidity position despite recent expenditures on contracts and R&D [2]. - The company plans to utilize the full capacity of the share buyback program after the release of its third-quarter financials, contingent on its share price not reflecting its intrinsic value [2]. Regulatory Engagement - Gorilla intends to report unusual trading patterns, including aggressive shorting, to the U.S. Securities and Exchange Commission (SEC) to ensure transparency and fairness for its investors [3]. Upcoming Financial Events - The company is expected to release its third-quarter 2025 financial results in mid-November 2025, with further details to be announced [4].