Gorilla Technology Introduces Share Consolidation

Gorilla Technology Group Inc.: Shareholders Approve Consolidation Ratio and Authorized Share Capital Increase

In a recent update from Gorilla Technology Group Inc. (GRRR), shareholders have approved a share consolidation ratio ranging from two-to-one to twenty-to-one during an Extraordinary General Meeting. The meeting also discussed a proposal to increase the company’s authorized share capital, which has been adjourned and is set to reconvene on April 18, 2024. The details of this meeting are now included in GRRR’s existing registration statements.

Shareholders of Gorilla Technology Group Inc. (GRRR) have approved a share consolidation ratio ranging from two-for-one to twenty-for-one during an Extraordinary General Meeting. This means that for every two or twenty shares held by a shareholder, they will receive one new share after the consolidation is completed. The meeting also discussed a proposal to increase the company’s authorized share capital, which has been adjourned and is set to reconvene on April 18, 2024.

Gorilla Technology Group Inc.’s (GRRR) Extraordinary General Meeting saw shareholders approve a share consolidation ratio ranging from two-for-one to twenty-for-one. This means that for every two or twenty shares held by a shareholder, they will receive one new share after the consolidation is completed. Additionally, the meeting discussed a proposal to increase the company’s authorized share capital, which has been adjourned and is set to reconvene on April 18, 2024. All details of this meeting are now included in GRRR’s existing registration statements.

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