Gorilla Technology Group Inc. has announced the resolution of its legal dispute with Culper Research and its founder, Christian Lamarco. The litigation, initiated by Gorilla Technology on April 16, 2025, following a report published by Culper Research on April 4, 2025, has been settled through a confidential non-monetary agreement. The settlement follows significant developments, including Gorilla's 20F filing on April 30, 2025, and its earnings release on June 18, 2025. Gorilla Technology emphasizes its continued momentum, highlighted by a $5.6 billion global pipeline of active opportunities and expanding U.S. public sector relationships. The company remains focused on executing its strategy and accelerating growth.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.