Gorilla Technology Group (GRRR) Closes ATM Programme

Gorilla Technology Group Inc. (NASDAQ: GRRR) today announces the formal closure of its At-The-Market (ATM) programme, reaffirming its unwavering commitment to protecting shareholder value and ensuring no further dilution.

Following its bold share buyback initiative, Gorilla continues to prioritise shareholder interests by eliminating any potential market concerns about stock dilution. This strategic move underscores the company's confidence in its financial strength, revenue visibility and long-term growth trajectory.

Jay Chandan, Chairman & CEO of Gorilla Technology, stated: "We made a commitment to our shareholders that we would not dilute and we are standing by that promise. By closing our ATM programme, we are ensuring that shareholder value remains protected while reinforcing our position as a disciplined and strategic company. Our focus remains on strong execution, revenue expansion and delivering long-term value to our investors."

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