Gorilla Technology Group is trading 5% up at $12.76 after highlighting the completion of two bond financings totaling $232 million to accelerate AI infrastructure programs across India, Indonesia, and Thailand.

  • The capital includes a $125 million senior unsecured convertible bond for the NeutraDC Batam data center and $107 million in earlier notes.
  • Investors view the funding as critical for fulfilling large-scale AI and GPU-as-a-Service (GPUaaS) contracts in the Asian market.
  • Sentiment is further supported by broader gains across the technology sector today.