How will Gorilla Technology Group use the proceeds from its bond sale?

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Gorilla Technology Group to Fund Data Centre Expansion and Equipment Purchases

Gorilla Technology Group Inc. will allocate the net proceeds from its recent bond sale primarily to fund advance payments for securing committed data centre capacity and to initiate the equity portion of data centre equipment purchases. These expenditures are directly linked to the Company's NeutraDC Batam project in Indonesia, which was announced on June 23, 2026. Any remaining funds from the $125 million offering will be directed towards general corporate purposes.
Funding Data Centre Capacity Commitments

A significant portion of the proceeds from the bond offering is earmarked for advance payments. These payments are essential for securing the necessary committed data centre capacity required for the Company's expansion plans. This strategic allocation ensures that the foundational infrastructure for future operations is put in place.
Commencing Data Centre Equipment Acquisition

The funds will also be used to begin the equity component of purchasing data centre equipment. This equipment is intended for deployment as part of the NeutraDC Batam project. The initiative represents a tangible step towards establishing the new data centre facilities in Indonesia.
Supporting the NeutraDC Batam Project

The deployment of data centre equipment and the securing of capacity are integral to the development of the NeutraDC Batam project. This project, officially announced on June 23, 2026, signifies Gorilla Technology Group's commitment to expanding its data centre footprint in Indonesia. The bond proceeds directly enable the commencement of these critical project phases.
General Corporate Purposes

Following the dedicated allocations for data centre capacity and equipment, any residual funds from the bond issuance will be utilized for general corporate purposes. This ensures flexibility for the Company to address other operational needs or strategic initiatives as they arise.

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How will Gorilla Technology Group use the proceeds from its bond sale?

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