FAQ on Titan Partners Group LLC's $105 Million Equity Raise for Gorilla Technology
Summary
What is the purpose of the $105 million equity raise by Gorilla Technology?
The proceeds from the equity raise are intended to support Gorilla Technology’s working capital, performance guarantees, statutory reserves, previously announced acquisitions, and other corporate needs.
Who facilitated the equity raise for Gorilla Technology?
Titan Partners Group LLC, a division of American Capital Partners, served as the sole placement agent for the $105 million registered direct offering.
How much is Gorilla Technology offering per share in this equity raise?
Gorilla Technology is offering 6 million ordinary shares (or pre-funded warrants) at $17.50 per share.
When is the offering expected to close?
The offering is expected to close on or about July 2, 2025, pending customary conditions.
Who are the investors backing this offering?
The offering is backed by a new fundamental institutional investor and a large existing shareholder.
Where can I find more information about Titan Partners Group LLC?
More information about Titan Partners Group LLC can be found by visiting their website at https://titanpartnersgrp.com/.
What services does Titan Partners Group LLC provide?
Titan Partners Group LLC provides strategic and financial advisory services to emerging growth companies and their investors, including public and private capital markets transactions.
Where can I view the full press release about this equity raise?
The full press release can be viewed at https://ibn.fm/XZ8iJ.
What is TechMediaWire and how is it related to this announcement?
TechMediaWire is a specialized communications platform that focuses on technology companies and is part of the Dynamic Brand Portfolio at IBN, which distributed the press release about the equity raise.
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