Gorilla Technology Group SPAC Presentation Deck
The Transaction
Business
A Global leader in Edge Al for video
intelligence, loT security and edge
content management.
Advanced platform with flexible
deployment via multiple sales
channels.
Business has proven unit economics
and are expected to be EBITDA
positive in 2022.
Projected path to $402 million
revenues and $180m EBITDA by
2026.
Key Competitive Advantages
.
Award Winning technology leader.
~20 years of tech development.
Strategic partnerships with Intel,
DellEMC & Softbank.
World Class reference customers &
solutions.
Source - Management Estimates
* (The PIPE investors shall have the right to reduce its $50.5m subscription amount down to
a minimum of $30.3m for any reason whatsoever, at its sole discretion, pursuant to the
subscription agreement, as amended.
.
.
Transaction
SPAC cash in Trust of $132 million
A minimum cash condition to
closing of $50 million; satisfied with
$50.5 million PIPE* of subunits at
$10.10, per subunit.
Net proceeds support organic
growth to 2024 when business is
projected to be cash positive.
Additional proceeds will allow
company to broaden geographic and
horizontal coverage.
Valuation
Pro forma Enterprise Value of $720
million fully diluted basis (zero
additional trust redemptions).
Attractive entry multiple for a high
growth business of 11.1x projected
'22 revenues, representing significant
discount to direct public comps and
similar SPAC transactions.View entire presentation