Gorilla Technology Group is trading 5.30% down at $10.54 now amid uncertainty over its October 9 LOI to acquire its first U.S. data center.
- The non-binding deal remains subject to due diligence and definitive agreements; completion is targeted by end-November.
- Reports linked earlier selling to non-binding status and execution uncertainty.
- Shares closed at $11.13 on October 9, down 6.78%, after falling from $13.17 on October 2. Broader U.S. indexes were nearly flat on October 12, favoring company-specific deal uncertainty.