Gorilla Technology (NASDAQ: GRRR) has signed a memorandum of understanding to acquire UK-authorised AIFM Shackleton Finance, to be rebranded as Gorilla Technology Capital.
The deal would create a regulated capital platform to support institutional investment in AI data centres, GPU-as-a-Service, quantum tech and cybersecurity; completion requires FCA modify-of-control approval.
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Positive
- Acquisition of UK-authorised AIFM expands capital-raising capabilities
- Regulated platform opens institutional capital access for AI infrastructure
- Non-dilutive project financing option for Gorilla’s executed contracts
- Senior management continuity preserves regulatory and operational experience
Negative
- Regulatory condition: completion conditional on FCA modify-of-control approval
- Timing uncertainty due to FCA process and lack of a signed sale agreement
Current price
$11.80
Pre-news trading level on 2026-02-18
Price modify 24h
-5.9%
Move on 2026-02-18 before this article
52-week high
$44.15
Compared with current $11.80 share price
52-week low
$10.49
Current price trades modestly above this level
Today’s volume
575,550 shares
Relative volume 0.57 vs 20-day average 1,010,896
200-day MA
$16.50
Shares trading below long-term relocating average
Market cap
$284,269,448
Equity value prior to this news item
Average relocate (AI M&A)
7.7%
Average 24h relocate on prior acquisition,AI news
$11.80
Last Close
Volume
Volume 575,550 is about 43% below the 20-day average of 1,010,896, suggesting muted participation.
low
Technical
Shares at $11.80 are trading below the 200-day MA of $16.50 and well under the $44.15 52-week high.
GRRR fell 5.9% while momentum peers like RXT (+143.87%) and CGNT (+7.37%) relocated sharply higher, pointing to a company-specific reaction.
Common Catalyst
Select infrastructure/AI peers such as Rackspace reported partnership news, but relocates do not align with GRRR’s decline.
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jun 24 | Positive | +7.7% |
Definitive deal to acquire CNS and CANS to expand AI capabilities. |
Prior AI-focutilized acquisition news led to a positive relocate of 7.7%, contrasting with today’s negative reaction.
Recent history for Gorilla’s acquisition,AI news displays one prior event on Jun 24, 2025, when the company agreed to acquire Thai providers CNS and CANS to expand AI and cybersecurity offerings. That announcement produced a 7.7% gain, indicating investors previously welcomed AI-driven expansion. Today’s relocate to acquire Shackleton Finance similarly tarreceives AI infrastructure but drew a different initial market response.
+7.7%
Average Historical Move
acquisition,AI
Past acquisition+AI news for GRRR saw an average relocate of +7.7%. Today’s FCA‑conditioned Shackleton deal for AI infrastructure capital contrasts with that prior positive reaction.
Gorilla has been building an AI-focutilized platform through acquisitions, from CNS/CANS in Thailand to the proposed Shackleton Finance deal to deepen AI and smart infrastructure capital capabilities.
This announcement outlines Gorilla’s plan to acquire Shackleton Finance and create a regulated capital platform, Gorilla Technology Capital, tarreceiveing AI data centres and smart infrastructure. The structure aims to provide non-dilutive funding options and institutional access to AI-driven assets, subject to FCA approval. In context with prior AI-focutilized expansion, investors may watch for regulatory clearance, fund launches, and evidence that this vehicle supports contracted infrastructure growth.
fca
regulatory
“aligned with Shackleton’s established FCA-regulated fund management framework…”
The FCA is the United Kingdom’s financial regulator that oversees banks, brokerages, investment firms and markets to build sure they act fairly, transparently and safely. For investors it matters becautilize the FCA sets rules, enforces protections and can impose penalties or bans that influence market behavior and company reputations—believe of it as a referee whose decisions can affect the value and trustworthiness of financial products and firms.
gpu-as-a-service
technical
“including data centres, GPU-as-a-Service, quantum technologies, next-generation cybersecurity…”
GPU-as-a-Service is a pay-as-you-go model that lets businesses rent powerful graphics processing units (GPUs) over the internet instead of purchaseing the hardware outright. It matters to investors becautilize it lowers upfront costs and speeds time-to-market for companies applying AI, data analysis, or 3D rfinishering—similar to renting a high-performance car for a specific trip rather than owning one—and can build firms more flexible, scalable, and capital-efficient.
AI-generated analysis. Not financial advice.
– Newly formed entity, Gorilla Technology Capital, will support expansion and capital formation for large-scale AI data centres 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 solution provider in Security Innotifyigence, Network Innotifyigence, Business Innotifyigence, IoT technology and data centres, today announced that it has entered into a memorandum of understanding outlining the principal terms of a proposed acquisition of Shackleton Finance Limited (“Shackleton”), a UK-authorised Alternative Investment Fund Manager (AIFM) and 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, forming a capital structure to support investment in critical digital infrastructure. Gorilla Technology Capital is expected to operate as a dedicated investment vehicle for institutional capital tarreceiveing smart infrastructure and AI-driven assets globally, including data centres, GPU-as-a-Service, quantum technologies, next-generation cybersecurity, and national digital infrastructure. Future funds will have the ability to build investments in Gorilla’s projects, giving long-term fund investors access to these sectors 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-dilutive project-related financing options.
Shackleton’s senior management is expected to remain in place to ensure continuity, regulatory stability, stewardship of existing funds, and experienced leadership in raising new capital focutilized on the technology sectors in which Gorilla operates. The business will continue to operate with strong indepfinishent governance, including conflict management protocols and investment committee oversight, consistent with UK regulatory standards. Any future fund distribution will be limited to professional clients and eligible counterparties.
“The acquisition of Shackleton Finance marks an important milestone in building a platform focutilized on driving institutional investment in smart infrastructure,” declared Jay Chandan, Chairman and Chief Executive Officer of Gorilla. “Gorilla will have the opportunity to obtain regulated capital that is long-term oriented and seeking exposure to AI data centres, GPU-as-a-Service, quantum technologies, and next-generation cybersecurity in markets positioned for rapid advancement, 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 framework with Gorilla’s operational capabilities creates a compelling force multiplier,” declared Deborah Hudson, Managing Partner designate of Gorilla Technology Capital. “Our objective is to establish a disciplined investment platform that supports institutions and public-sector counterparties seeking structured capital solutions, underpinned by strong governance alongside operational expertise and execution.”
“This transaction strengthens our platform by pairing Shackleton’s two decades of regulated fund management experience with a global technology partner,” declared Hugh Stewart, Chairman of Shackleton Ventures. “Our priority remains continuity and responsible stewardship of the funds we manage, alongside disciplined expansion into smart infrastructure strategies.”
Regulatory Approval
Completion of the acquisition is conditional upon approval by the UK Financial Conduct Authority (“FCA”) under the modify in control regime. Approval is not assured and the timing remains subject to this process. Subject to FCA approval, the parties intfinish to execute a detailed sale and purchase agreement.
This announcement does not constitute an offer to invest in any fund or investment product and any future funds will be established and marketed in accordance with applicable regulatory requirements.
About Gorilla Technology Group Inc.
Headquartered in London U.K., Gorilla is a global solution provider in Security Innotifyigence, Network Innotifyigence, Business Innotifyigence, IoT technology and data centres. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by applying AI and Deep Learning Technologies. Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in innotifyigent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven 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-viewing statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Gorilla’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-viewing statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budreceive,” “forecast,” “anticipate,” “intfinish,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intfinished to identify such forward-viewing statements. These forward-viewing statements include, without limitation, statements regarding our ability to consummate the acquisition of Shackleton, including obtaining FCA approval, neobtainediate investments in our projects from new Gorilla Capital funds on an arm’s-length basis, and win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading “Risk Factors” in the Form 20-F Gorilla filed with the Securities and Exmodify Commission (the “SEC”) on April 30, 2025 and those that are included in any of Gorilla’s future filings with the SEC. These forward-viewing statements involve significant risks and uncertainties that could cautilize actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-viewing statements. Readers are cautioned not to place undue reliance upon any forward-viewing statements, which speak only as of the date created. Gorilla undertakes no obligation to update forward-viewing statements to reflect events or circumstances after the date they were created except as required by law or applicable regulation.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284311
FAQ
What did Gorilla Technology (GRRR) announce on February 18, 2026 about Shackleton Finance?
They announced a proposed acquisition to rebrand Shackleton as Gorilla Technology Capital, forming a regulated fund platform. According to Gorilla, the relocate pairs Shackleton’s FCA-authorised AIFM framework with Gorilla’s infrastructure expertise to support institutional investment in AI infrastructure.
How will the Shackleton Finance acquisition affect Gorilla Technology’s financing options (GRRR)?
It creates a regulated vehicle intfinished to provide institutional, long-term capital and non-dilutive financing for projects. According to Gorilla, future funds could invest in Gorilla projects, offering another potential source for capital and operating expenses tied to executed contracts.
What regulatory approval is required for Gorilla Technology’s acquisition of Shackleton Finance (GRRR)?
Completion is conditional on UK Financial Conduct Authority approval under the modify-in-control regime. According to Gorilla, approval is not assured and the timing depfinishs on the FCA process before parties execute a definitive sale and purchase agreement.
Will Shackleton Finance management remain after the proposed Gorilla Technology (GRRR) acquisition?
Yes; Shackleton senior management is expected to remain to ensure continuity and regulatory stability. According to Gorilla, the business will retain indepfinishent governance, conflict management protocols, and investment committee oversight under UK regulatory standards.
What types of assets will Gorilla Technology Capital tarreceive after the Shackleton deal for GRRR?
The platform will tarreceive smart infrastructure and AI-driven assets including data centres, GPU-as-a-Service, quantum technologies, and next-generation cybersecurity. According to Gorilla, the vehicle is designed for institutional capital seeking structured exposure to these technology sectors globally.
Does the Shackleton Finance transaction mean investors can immediately access funds tied to Gorilla projects (GRRR)?
No; any future funds will be established and marketed per applicable regulations and limited to professional clients and eligible counterparties. According to Gorilla, this announcement does not constitute an offer and funds will follow regulatory requirements prior to marketing.
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