- FCA change of control consent satisfies the key regulatory condition to complete acquisition of Shackleton Finance

- Upon completion, Gorilla Tech Capital will structure SPVs to accelerate non-dilutive project funding across Gorilla's AI infrastructure pipeline

London, United Kingdom--(Newsfile Corp. - April 8, 2026) - Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, IoT technology and data centres, today announced that the UK Financial Conduct Authority ("FCA") has approved the change of control of Shackleton Finance Limited ("Shackleton Finance"), a UK authorised Alternative Investment Fund Manager ("AIFM") and subsidiary of Shackleton Ventures.

This approval satisfies the key regulatory condition for completion of Gorilla's previously announced acquisition of Shackleton Finance. The transaction is expected to close in the near term. Following completion, Shackleton Finance will be rebranded to Gorilla Tech Capital and will operate as Gorilla's dedicated FCA-regulated capital platform.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.