Gorilla Technology Group Inc. Reports Termination of Sales Agreement - Feb 2025 Update

Here's a summary of the key information extracted from the financial report of Gorilla Technology Group Inc.:

1. Filing Type: This is a Form 6-K, which is a report of a foreign private issuer filed under the Securities Exchange Act of 1934.
2. Company Information:

• Name: Gorilla Technology Group Inc.
• Principal Executive Office Address: Meridien House, 42 Upper Berkeley Street, Marble Arch, London, United Kingdom W1H 5QJ.
• Commission File Number: 001-41448.

3. Date of Filing: The report is for the month of February 2025, with the filing date being February 10, 2025.
4. Termination of Sales Agreement:

• Notice Date: February 7, 2025.
• Counterparty: Cantor Fitzgerald & Co.
• Sales Agreement: The termination pertains to the Controlled Equity Offering Sales Agreement dated August 17, 2023.
• Effective Date of Termination: The termination will be effective ten days after the notice, meaning it will take effect on February 17, 2025.
• Reason for Termination: Gorilla Technology Group Inc. intends to cease raising additional capital or selling additional securities under this agreement.
• Liabilities: The Company has stated that it will not incur any penalties or liabilities related to this termination.

5. Incorporation by Reference: The information from this report is incorporated by reference into the Company’s Registration Statements on Form F-3 and Form S-8, making it part of those documents from the date of filing.
6. Signature: The report is signed by Jayesh Chandan, who is the Chief Executive Officer and Principal Executive Officer of the Company.

This report indicates a strategic decision by Gorilla Technology Group Inc. to halt efforts to raise capital through the specified sales agreement, which may reflect their current financial strategy or market conditions.