Gorilla Technology Group Consolidates Shares and Eyes Authorized Capital Increase

Gorilla Technology Introduces Share Consolidation

In a recent announcement 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 the possibility of increasing the company’s authorized share capital, which has been adjourned and is set to reconvene on April 18, 2024. The details of this meeting have been included in the company’s existing registration statements.

GRRR stockholders can find more information on the company’s latest developments by visiting TipRanks’ Stock Analysis page.

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