Company: GRRR
Filing Date: 2025-07-02
Form Type: 424B5
Source: 0001213900-25-060827
Chunk: 15

Company: Gorilla Technology Group Inc.
Filing Date: 2025-07-02
Form: 424B5
Chunk 15
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 Cash and cash equivalents                                  |     | $                       |  21,699,202 |     | $              | 120,115,549 |
| Debt:                                                      |     |                         |             |     |                |             |
| Financial liabilities at fair value through profit or loss |     | $                       |  20,082,272 |     | $              |  20,082,272 |
| Current borrowings                                         |     | $                       |  17,045,829 |     | $              |  17,045,829 |
| Non-current borrowings                                     |     | $                       |   4,372,188 |     | $              |   4,372,188 |
| Total indebtedness                                         |     | $                       |  41,500,289 |     | $              |  41,500,289 |
| Total equity                                               |     | $                       |  73,103,853 |     | $              | 171,520,200 |
| Total capitalization                                       |     | $                       | 114,604,142 |     | $              | 213,020,489 |

| (1) | As                                                                                                                                       
 adjusted for the issuance of the ordinary shares and the pre-funded warrants and receipt of the net proceeds thereof, including estimate 
 expenses in connection with this offering other than the placement agent fees, but excluding the proceeds, if any, from the exercise     
 of the pre-funded warrants. Excludes the proceeds, from the exercise of the Company’s existing warrants after December 31, 2024          
 and prior to this offering.                                                                                                              |

<div align='center'>S-11

DESCRIPTION OF SECURITIES</div>

In this offering, we are offering
ordinary shares and pre-funded warrants. In the discussion that follows, we have summarized selected provisions of our amended and restated
memorandum and articles of association, as well as included a brief summary of certain terms and conditions of the ordinary shares and
the pre-funded warrants being offered by us—which are subject in all respects to the provisions of our amended and restated memorandum
and articles of association and the pre-funded warrants. You should read our amended and restated memorandum and articles of association
as is currently in effect for more details regarding the provisions we describe below and for other provisions that may be important to
you. We have filed copies of those documents with the SEC, and they are incorporated by reference herein. Please read “Where