Company: GRRR
Filing Date: 2025-07-02
Form Type: 424B5
Source: 0001213900-25-060827
Chunk: 26

Company: Gorilla Technology Group Inc.
Filing Date: 2025-07-02
Form: 424B5
Chunk 26
---
 an obligation to make related payments with respect to positions in substantially similar or related property. |

It is not expected that Gorilla will be eligible
for benefits of an applicable comprehensive income tax treaty with the United States. In addition, there also can be no assurance
that ordinary shares will be considered “readily tradable” on an established securities market in the United States in
accordance with applicable legal authorities. Furthermore, Gorilla will not constitute a “qualified foreign corporation” for
purposes of these rules if it is a PFIC for the taxable year in which it pays a dividend or for the preceding taxable year. See “—
Passive Foreign Investment Company Rules.” U.S. Holders should consult their own tax advisors regarding the availability
of the lower rate for dividends paid with respect to ordinary shares, pre-funded warrants or ordinary shares received upon exercise of
pre-funded warrants.

For United States foreign tax credit purposes,
dividends paid on our ordinary shares, pre-funded warrants or ordinary shares received upon exercise of pre-funded warrants will generally
be treated as income from foreign sources and will generally constitute passive category income. The rules governing the foreign tax credit
are complex. U.S. Holders are urged to consult their tax advisors regarding the availability of the foreign tax credit under their particular
circumstances.

Sale, Exchange, Redemption or Other Taxable Disposition of ordinary shares, pre-funded warrants and ordinary shares received upon exercise of ordinary shares.

Subject to the discussion below under “—
Passive Foreign Investment Company Rules,” a U.S. Holder generally will recognize gain or loss on any sale, exchange,
redemption or other taxable disposition of ordinary shares, pre-funded warrants or ordinary shares received upon exercise of pre-funded
warrantsin an amount equal to the difference between (i) the amount realized on the disposition and (ii) such U.S. Holder’s
adjusted tax basis in such ordinary shares, pre-funded warrants or ordinary shares received upon exercise of pre-funded warrants. Any
gain or loss recognized by a U.S. Holder on a taxable disposition of ordinary shares pre-funded warrants or ordinary shares received
upon exercise of pre-funded warrants generally will be capital gain or loss. A non-corporate U.S. Holder, including an individual,
who has held the ordinary shares pre-funded warrants or ordinary shares received upon exercise of pre-funded warrants for more than one
year generally will be eligible for reduced tax rates for such long-term capital gains. The deductibility of capital losses is subject
to limitations.

<div