The newly formed entity, Gorilla Technology Capital, will support expansion and capital formation for large-scale AI data centers and mission-critical digital infrastructure –
London, United Kingdom – Newsfile Corp. – February 18, 2026 – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), a global solutions provider in security intelligence, network intelligence, business intelligence, IoT technology and data centers, today announced that it has signed a Memorandum of Understanding outlining the key terms of the proposed acquisition of UK-mandated alternative investment fund manager Shackleton Finance Limited (“Shackleton”). (AIFM) and a subsidiary of Shackleton Ventures. Upon completion of the acquisition, Shackleton is expected to be rebranded as Gorilla Technology Capital.
The proposed acquisition is designed to align Gorilla’s technology origination and infrastructure delivery expertise with Shackleton’s established FCA-regulated fund management framework, creating a capital structure to support investment in critical digital infrastructure. Gorilla Technology Capital is expected to serve as a dedicated investment vehicle for institutional capital targeting smart infrastructure and AI-powered assets globally, including data centers, GPU-as-a-Service, quantum technologies, next-generation cybersecurity and national digital infrastructure. Future funds will have the ability to invest in Gorilla’s projects, providing long-term fund investors access to these areas, while providing Gorilla with another potential financing source for capital and operating expenses related to its executed contracts. This strategy reflects Gorilla’s commitment to non-disruptive project-related financing options.
Shackleton’s senior management is expected to remain in place to ensure continuity, regulatory stability, management of existing funds and experienced leadership in raising new capital focused on guerrilla-driven technology areas. The business will continue to operate with strong independent governance, including conflict management protocols and investment committee oversight in line with UK regulatory standards. Any future fund distributions will be limited to professional clients and qualified counterparties.
“The acquisition of Shackleton Finance marks an important milestone in building a platform focused on promoting institutional investment in smart infrastructure,” said Jay Chandan, Chairman and CEO of Gorilla. “Gorilla will have the opportunity to obtain regulated capital that is long-term oriented and seeking exposure to AI data centers, GPU-as-a-service, quantum technologies and next-generation cybersecurity in markets ready for rapid growth, while our focus on non-dilutive financing sources will enhance the returns we seek to deliver to our long-term shareholders.”
“The combination of a regulated fund management structure with Gorilla’s operational capabilities creates an attractive force multiplier,” said Deborah Hudson, designated managing partner of Gorilla Technology Capital. “Our objective is to establish a disciplined investment platform that supports institutions and public sector counterparties seeking structured capital solutions, backed by strong governance along with operational expertise and execution.”
“This transaction strengthens our platform by combining Shackleton’s two decades of regulated fund management experience with a global technology partner,” said Hugh Stewart, Chairman of Shackleton Ventures. “Our priority remains disciplined expansion in smart infrastructure strategies as well as sustainability and responsible stewardship of the funds we manage.”
regulatory approval
Completion of the acquisition is conditional on approval by the UK Financial Conduct Authority (“FCA”) of the change in control arrangements. Approval is not assured and is subject to timing of this process. Subject to FCA approval, the parties intend to execute a detailed sale and purchase agreement.
This announcement is not an offer to invest in any fund or investment product and any future fund will be established and marketed in accordance with applicable regulatory requirements.
About Gorilla Technology Group Inc.
Headquartered in London UK, Gorilla is a global solutions provider in security intelligence, network intelligence, business intelligence, IoT technology and data centers. We provide a wide range of solutions including Smart Cities, Networks, Video, Security Convergence and IoT in select sectors of Government and Public Services, Manufacturing, Telecom, Retail, Transport & Logistics, Healthcare and Education using AI and Deep Learning Technologies. Our expertise lies in revolutionizing urban operations, enhancing safety and enhancing resilience. We provide leading products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-powered technologies, we empower smart cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.
For more information, please visit our website: gorilla-technology.com.
forward-looking statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Gorilla’s actual results may differ materially from its expectations, estimates and projections and, as a result, you should not rely on these forward-looking statements as predictions of future events. Words such as “expects,” “estimates,” “projects,” “budget,” “forecasts,” “estimates,” “intends,” “plans,” “could,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “could” and “will” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our ability to complete the acquisition of Shackleton, including obtaining FCA approval, negotiating investments in our projects on an arm’s length basis from the new Gorilla Capital Fund, and winning additional projects and executing definitive contracts related thereto, as well as the “Risk Factors” heading in the Form 20-F Gorilla filed with the Securities and Exchange Commission (“SEC”) on April 30, 2017. Other risks described below are also included. 2025 and those included in any future filings of Gorilla with the SEC. These forward-looking statements involve significant risks and uncertainties that may cause actual results to differ materially from expected results. Most of these factors are beyond the gorilla’s control and are difficult to predict. If one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ materially from the results indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof unless required by law or applicable regulation.
Public Relations Contact:
Samantha Dowd
Prosec Partners
[email protected]
Investor Relations Contact:
dave gentry
RedChip Companies, Inc.
1-407-644-4256
[email protected]
The issuer is solely responsible for the content of this announcement.
