[SCHEDULE 13G] Gorilla Technology Group Inc. Warrant SEC Filing
Alyeska Investment Group, L.P., Alyeska Fund GP, LLC and Anand Parekh report beneficial ownership of 2,244,232 ordinary shares of Gorilla Technology Group Inc., representing 9.9% of the outstanding class as of the filing. The reporting persons disclose shared voting and dispositive power over those shares and state the position is held in the ordinary course of business and not to change or influence control.
The filing also notes warrants to purchase 3,470,054 ordinary shares exist, but their terms limit exercise so the holders could not acquire additional shares beyond the 9.9% threshold as of June 30, 2025. The percentage uses an outstanding share base of 22,669,015 per the issuer prospectus.
- Material disclosed stake: Reporting persons beneficially own 2,244,232 shares (9.9%) of Gorilla Technology Group Inc.
- Warrants disclosed with caps: Holders possess warrants to buy 3,470,054 shares, but terms limit exercise to maintain the 9.9% threshold as of June 30, 2025.
- Passive intent declared: Filers certify the position is held in the ordinary course of business and not to change or influence control, consistent with Schedule 13G treatment.
- No sole voting or dispositive power: Filers report 0 shares of sole voting or sole dispositive power, indicating limited individual control influence.
- Warrants currently non-exercisable into additional shares: Per the warrant terms, as of the reference date the reporting persons could exercise 0 additional ordinary shares under the warrants.
Insights
TL;DR: Alyeska group discloses a passive 9.9% stake and capped warrants; this is material ownership but stated as non-control.
The filing shows a significant minority position at the 9.9% disclosure threshold, with shared voting/dispositive power over 2,244,232 ordinary shares. Importantly, warrants totaling 3,470,054 exist but contractual limits prevent exercise that would exceed the 9.9% ownership cap as of the reference date. For investors, the disclosure signals a sizable institutional position without an expressed intent to exert control.
TL;DR: Material stake disclosed via Schedule 13G indicates passive status; governance impact appears limited by filing certifications.
The reporters certify the shares are held in the ordinary course of business and not for the purpose of influencing control, consistent with a Schedule 13G filing. Shared voting power is noted, but no sole voting or dispositive power is claimed. The joint filing language assigns responsibility for amendments among the filers. The warrant exercise limits reduce near-term dilution or control shifts from these instruments.