Core Viewpoint - Gorilla Technology Group Inc. has resolved its litigation with Culper Research through a confidential non-monetary settlement, allowing the company to focus on its growth strategy and operational results [1][2][3] Company Developments - The company has an active pipeline exceeding $5.6 billion and has secured new capital while expanding its global customer base [2][3] - Gorilla's first quarter earnings, released on June 18, 2025, demonstrate continued momentum and operational progress [3] Industry Position - Gorilla Technology Group is a global solution provider specializing in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, serving various sectors including Government, Manufacturing, Telecom, Retail, Transportation, Healthcare, and Education [4][5] - The company leverages AI and Deep Learning technologies to enhance urban operations, security, and resilience, focusing on intelligent video surveillance, facial recognition, and advanced cybersecurity [5]

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]