Company: GRRR
Filing Date: 2025-07-02
Form Type: 424B5
Source: 0001213900-25-060827
Chunk: 16

Company: Gorilla Technology Group Inc.
Filing Date: 2025-07-02
Form: 424B5
Chunk 16
---
 You
Can Find Additional Information.”

Authorized and Outstanding Capital Stock

Our authorized share capital
consists of 73,500,000 ordinary shares of a par value of US$0.001 each and 15,000,000 preference shares of a par value of US$0.0001, of which 20,139,069 ordinary shares were issued and outstanding as of June 27, 2025, which amount does not include 1,485,978 treasury shares currently outstanding but does include Earnout Shares (as defined in our 2024 Form 20-F) currently held in escrow. In addition, as of June 27, 2025, warrants exercisable for an aggregate 958,272 ordinary shares were outstanding and Series C Ordinary Share Purchase Warrants exercisable for an aggregate 600,000 ordinary shares were outstanding. As of December 31, 2024, 18,058,135 ordinary shares were outstanding, excluding treasury shares but including Earnout Shares then held in escrow. The difference in the number of shares outstanding between December 31, 2024 and June 27, 2025 is the result of (i) the issuance of 1,000,000 ordinary shares pursuant to the exercise of 10,000,000 Series A Ordinary Share Purchase Warrants, (ii) the issuance of 206,249 ordinary shares pursuant to the exercise of 2,062,500 Series B Ordinary Share Purchase Warrants (iii) the issuance of 942,858 ordinary shares pursuant to the exercise of 942,858 Series C Ordinary Share Purchase Warrants and (iv) the issuance of 16,177 ordinary shares upon vesting and settlement of restricted stock units to employees under the Gorilla Technology Group Inc. 2023 Omnibus Incentive Plan, (v) the issuance of 1,521 ordinary shares upon the exercise of stock options granted to employees under the Gorilla Technology Group Inc. Employee Stock Option Program, (vi) issuances of 15,000 ordinary shares as share-based payment for professional services, and (vii) a reduction of 100,871 ordinary shares outstanding pursuant to repurchases under the Company’s share buyback program. As of June 27, 2025, we had 48,900 vested options outstanding under the Gorilla Technology Group Inc. Employee Stock Option Program with an average exercise price of $11.66.

The number of our ordinary
shares to be outstanding immediately after this offering is 22,