Gorilla Technology Files Litigation Against Sigma and Bradbury to Protect the Company from Stock ManipulationLawsuit alleges Sigma and Bradbury engaged in scheme to artificially depress the stock, acquire new shares at nearly no cost and harm all shareholdersDecember 08, 2025 6:45 PM EST | Source: Gorilla Technology Group Inc.London, United Kingdom--(Newsfile Corp. - December 8, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") filed a lawsuit on December 8, 202 ...

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].

Core Insights - Gorilla Technology Group Inc. reported a revenue of $39.3 million for H1 2025, marking a 90.2% year-over-year growth [1] - The company signed three new projects in Taiwan and the UK, indicating a strong pipeline for future growth [1][4] - Debt was reduced to $18.1 million from $21.4 million at the end of 2024, enhancing financial flexibility [1][4] - A $105 million equity offering was completed in July 2025 to support further growth opportunities [1][4] Financial Performance - H1 2025 revenue reached $39.3 million, demonstrating operational strength and leadership in AI-driven security and intelligence [4] - The operating loss for the six months ended June 30, 2025, was $9.1 million, while Adjusted EBITDA was $5.7 million [4] - Net loss for the same period was $8.5 million, with Adjusted Net Income also at $5.7 million, indicating solid underlying profitability when excluding non-cash items [4][12] Liquidity and Debt Management - Gorilla ended H1 2025 with $26.1 million in total cash, bolstered by a significant payment from its largest customer in Egypt [4] - The company has emphasized financial discipline, repaying over $3 million in debt this year and releasing restricted assets into unrestricted cash [3][4] - The total liabilities decreased to $64.6 million from $80.7 million, reflecting improved capital efficiency [8] Strategic Developments - Key contracts were signed with the Port of Tyne in the UK, Wan Hai Port in Taiwan, and ADE Corporation in Taiwan, showcasing the execution of strategic initiatives [4][7] - The company is in active negotiations for additional contracts, with a pipeline exceeding $5 billion across various regions [5] - Plans for global expansion are aimed at strengthening the company's position in Southeast Asia and enhancing delivery capabilities in key markets [2]

Core Points - Gorilla Technology Group Inc. has entered into a securities purchase agreement to raise $105 million through a registered direct offering of 6,000,000 ordinary shares at an offering price of $17.50 per share, with a $100 million investment from a new institutional investor and participation from an existing shareholder [1][2][9] - The gross proceeds from the offering are expected to be approximately $105 million before deducting fees and expenses, with net proceeds intended for working capital, performance guarantees, statutory capital reserves, and other corporate purposes [2][9] - Titan Partners Group is acting as the sole placement agent for the offering, which is expected to close on or about July 2, 2025, subject to customary closing conditions [3] Company Overview - Gorilla Technology Group Inc. is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, headquartered in London, UK [6] - The company offers a range of solutions across various sectors, including Smart City, Network, Video, Security Convergence, and IoT, utilizing AI and Deep Learning Technologies [6][7] - Gorilla focuses on enhancing urban operations, security, and resilience through AI-driven technologies such as intelligent video surveillance, facial recognition, and advanced cybersecurity [7]