Gorilla Technology prices $125 million convertible notes

Gorilla Technology Group Inc. has announced the pricing of $125 million of 7.50% Senior Unsecured Convertible Notes due 2031 and said it will use proceeds to support its NeutraDC Batam data center project in Indonesia.

• The company priced $125 million aggregate principal amount of 7.50% Senior Unsecured Convertible Notes, Series B due 2031 in a private placement to institutional investors, with closing expected on or about July 17, 2026.
• Net proceeds will fund advance payments to secure committed data center capacity and start the equity portion of data center equipment purchases for the NeutraDC Batam project; remaining proceeds are for general corporate purposes. The company also said it will file a Form 6-K and a resale registration statement on Form F-3.