Global SPAC Partners in an SEC filing included an investor presentation on its proposed acquisition of Gorilla Technology Group. Based in Taiwan, Gorilla Technology is engaged in Edge AI security applications.
The transaction is expected to deliver up to $169 million of gross proceeds from cash held in Global’s trust account, subject to redemptions. The merger closing is conditioned upon Global having at least $50 million in gross cash proceeds at closing from either its trust account or other sources. Read more.