Company: GRRR
Filing Date: 2025-07-02
Form Type: 424B5
Source: 0001213900-25-060827
Chunk: 12

Company: Gorilla Technology Group Inc.
Filing Date: 2025-07-02
Form: 424B5
Chunk 12
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 factors are discussed
in the risk factors described in the 2024 Form 20-F and this prospectus supplement and the accompanying prospectus, as well as the “Special
Note Regarding Forward-Looking Statements and Risk Factor Summary” section of the 2024 Form 20-F, each of which you should review
carefully before placing any reliance on our financial statements or disclosures. We do not assume any obligation to update any forward-looking
statements, even if our internal estimates change, except as may be required by applicable law.

We claim the protection of
the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 for any forward-looking
statements contained in this prospectus supplement and the accompanying prospectus, including in the information incorporated by reference
in this prospectus supplement and the accompanying prospectus.

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USE OF PROCEEDS</div>

We estimate that the net proceeds
from the sale of the ordinary shares and the pre-funded warrants offered hereby will be $98.8 million after deducting placement agent
fees but before paying estimated offering expenses payable by us and assuming no exercise of the pre-funded warrants or the Placement
Agent Warrants. We will receive nominal proceeds, if any, upon exercise of the pre-funded warrants. We will only receive additional proceeds
from the exercise of the Placement Agent Warrants in connection with this offering if the Placement Agent Warrants are exercised in exchange
for cash at their exercise price of $21.00.

We intend to use the net proceeds
from this offering, if any, primarily for working capital needs, particularly to establish performance guarantees or bid bonds, establish
statutory capital reserves and meet other requirements in connection with bids for various projects, in connection with previously announced
acquisitions of two technology solution providers in Thailand, and for other general corporate purposes. The pending acquisitions in Thailand
are expected to be financed with an immaterial portion of the net proceeds from this offering. As of the date of this prospectus, we have
not determined the amount of net proceeds to be used specifically for any particular purpose or the timing of any expenditures. Accordingly,
management will retain broad discretion and flexibility in applying the net proceeds from the sale of the securities, if any. Pending
any use of the net proceeds from this offering, if any, we intend to deposit the proceeds in checking or money market accounts, or invest
in short term highly rated investments, at financial institutions.

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