Gorilla Technology Group's stock is rising after securing significant contracts in Asia, including a multi-million dollar 5G AI platform contract with a sovereign government and a $1.4 billion three-year contract with Freyr to develop AI-powered data centers in Southeast Asia.

Pomerantz LLP is investigating claims on behalf of investors of Gorilla Technology Group, Inc. (GRRR) following a short report by The Bear Cave that identified purported 'red flags' at the company, causing a significant drop in its stock price.

Net Power Inc. reported a decrease in cash and cash equivalents, leading to a 31.46% drop in its stock price. The company also announced the departure of its President, COO, and CFO, causing a further 5.75% decline in the stock price.

Pomerantz LLP is investigating claims on behalf of investors of RH, Horizon Technology Finance Corporation, and Gorilla Technology Group, Inc. due to concerns about potential securities fraud or other unlawful business practices.

Gorilla Technology Group, a global technology solutions provider, has appointed Keith Levy, a former executive at Bank of America, to its Board of Directors. Levy's extensive experience in the financial sector is expected to contribute to Gorilla's innovation and growth.

LONDON, June 14, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (“Gorilla” or the “Company”) (NASDAQ: GRRR), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, today announced that Chairman and CEO Jay Chandan will participate in a live Water Tower Research Fireside Chat Series on Thursday, June 20 at 11 am ET.

LONDON, June 13, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”) today released a letter to its stockholders. The letter follows:

LONDON, June 07, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (“Gorilla” or the “Company”) (NASDAQ: GRRR), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, today announced that it has entered into securities purchase agreements with existing institutional investors for the purchase and sale of 2,142,858 ordinary shares of the Company and warrants to purchase up to 2,142,858 ordinary shares pursuant to a registered direct offering (the “Offering”) at a combined purchase price of $5.60 per ordinary share and accompanying warrant to purchase ordinary shares. The warrants will have an exercise price of $5.90 per share, will be immediately exercisable upon issuance and will expire 5 years from issuance. The gross proceeds to Gorilla from this Offering, before deducting the placement agents’ fees and other offering expenses, will be approximately $12 million.

Here is how Qifu Technology, Inc. (QFIN) and Gorilla Technology Group Inc. (GRRR) have performed compared to their sector so far this year.

Shares of Ascent Solar Technologies, Inc. (NASDAQ: ASTI) fell sharply during Wednesday’s session after the company announced pricing of a $6 million public offering of shares at $0.14 per share. Ascent Solar Technologies shares dipped 50% to $0.1374 on Wednesday. Here are some other stocks moving in today's mid-day session. Gainers Marin Software Incorporated (NASDAQ: MRIN) shares jumped 152% to $0.7242 after the company announced upgrades to its integration with Microsoft Advertising. Adial Pharmaceuticals, Inc. (NASDAQ: ADIL) gained 75% to $1.9698 after the company announced the publication of a peer-reviewed article highlighting the clinical results, strong safety profile, and high compliance among patients administered AD04. Infobird Co., Ltd (NASDAQ: IFBD) surged 45.3% to $6.00. ReTo Eco-Solutions, Inc. (NASDAQ: RETO) gained 45% to $1.67. Meiwu Technology Company Limited (NASDAQ: WNW) shares jumped 36% to $1.37. Nano Labs Ltd (NASDAQ: NA) surged 31.6% to $1.9502. Nano Labs recently filed annual report on Form 20-F for fiscal year 2023. iCoreConnect Inc. (NASDAQ: ICCT) shares jumped 30.8% to $1.4650. iCoreConnect, last month, closed $2,375,000 convertible note financing. Dogness (International) Corporation (NASDAQ: DOGZ) climbed 22.9% to $8.48. NeoVolta Inc. (NASDAQ: NEOV) surged 18% to $2.0826. BioSig Technologies, Inc. (NASDAQ: BSGM) rose 18% to $1.92. Verb Technology Company, Inc. (NASDAQ: VERB) climbed 18% to $0.2099. Jaguar Health, Inc. (NASDAQ: JAGX) gained 16.7% to $0.1050 after the company reported approval for all proposals at its special meeting of stockholders. Murano Global Investments Plc (NASDAQ: MRNO) rose 13.6% to $11.70. Gaucho Group Holdings, Inc. (NASDAQ: VINO) surged ...

LONDON, April 10, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global leader in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, today announced they have signed a Memorandum of Understanding (MOU) with Thames Freeport, a pivotal hub for trade and logistics in the United Kingdom. This strategic alliance is set to revolutionise the Thames Freeport area, aligning an ambitious Smart City Strategy programme and leveraging the Thames Freeport Investment Fund to drive innovation and sustainable growth.

In a release issued under the same headline earlier today by Gorilla Technology Group Inc. (NASDAQ: GRRR), the Consolidated Income Statement table was not included. The Consolidated Income Statement table is included in this release as the only change. Complete corrected text follows.