Global SPAC Partners filed a preliminary proxy with the SEC outlining its proposed merger with Taiwan-based Gorilla Technology Group, which 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 deal is conditioned upon Global having at least $50 million in gross cash proceeds at closing from either its trust account or other sources. Global raised $160 million in an April 2021 IPO. Read more.
