Gorilla technology removes overhang from market, strengthens position through strategic actions

London, united kingdom--(newsfile corp. - december 27, 2024) - gorilla technology group inc. (nasdaq: grrr) ("gorilla" or the "company"), is pleased to announce the removal of a partial but a critical overhang from its shareholder base, following the exercise of warrants by one of the holders, resulting in a fresh injection of capital of nearly $6 million. this pivotal milestone injects fresh cash into the company's reserves, gorilla's unwavering dedication to building a fortress-like balance sheet.
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