Item
8.01 Other Events.
On
March 14, 2022, Gorilla issued a press release announcing the appointment of Dr. Rajesh Natarajan, as its Chief Innovation Officer. A
copy of the press release is furnished as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated by reference
herein.
Additional
Information
In
connection with the Transactions, Gorilla has filed with the Securities and Exchange Commission (the “SEC”) a Registration
Statement on Form F-4, which includes a preliminary proxy statement of Global, and a prospectus of Gorilla in connection with the proposed
Transactions. The definitive proxy statement and other relevant documents will be mailed to Global security holders as of a record date
to be established for voting on the Business Combination Agreement and the Transactions. Investors and security holders of Global and
other interested persons are advised to read the preliminary proxy statement, and amendments thereto, and the definitive proxy statement
in connection with Global’s solicitation of proxies for the special meeting of Global shareholders to be held to approve the Business
Combination Agreement and the Transactions because these documents will contain important information about Global, Gorilla, the Business
Combination Agreement and the Transactions. The definitive proxy statement, the preliminary proxy statement and other relevant materials
in connection with the Transactions (when they become available), and any other documents filed by Global with the SEC, may be obtained
free of charge at the SEC’s website (www.sec.gov) or by writing to Global at: 2093 Philadelphia Pike #1968, Claymont, DE 19703.
Forward-Looking
Statements
This
Current Report on Form 8-K contains, and certain oral statements made by representatives of Global and Gorilla and their respective affiliates,
from time to time may contain, “forward-looking statements” within the meaning of the “safe harbor” provisions
of the Private Securities Litigation Reform Act of 1995. Global’s and Gorilla’s actual results may differ from their expectations,
estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events.
Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,”
“intend,” “plan,” “may,” “will,” “could,” “should,” “believes,”
“predicts,” “potential,” “might” and “continues,” and similar expressions are intended
to identify such forward-looking statements. These forward-looking statements include, without limitation, Global’s and Gorilla’s
expectations with respect to future performance and anticipated financial impacts of the Transactions contemplated by the Business Combination
Agreement, the satisfaction of the closing conditions to the Transactions and the timing of the completion of the Transactions. These
forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected
results. Most of these factors are outside of the control of Global or Gorilla and are difficult to predict. Factors that may cause such
differences include but are not limited to: (i) the inability of the parties to successfully or timely consummate the Transactions, including
the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely
affect the post-Transactions company (the “Company”) or the expected benefits of the Transactions, if not obtained; (ii)
the failure to realize the anticipated benefits of the Transactions; (iii) matters discovered by the parties as they complete their respective
due diligence investigation of the other parties; (iv) the ability of Global prior to the Transactions, and the Company following the
Transactions, to maintain the listing of the Company’s shares on Nasdaq; (v) costs related to the Transactions; (vi) the lack of
a third-party fairness opinion in determining whether or not to pursue the proposed Transactions; (vii) the failure to satisfy the conditions
to the consummation of the Transactions, including the approval of the Business Combination Agreement by the shareholders of Global and
the satisfaction of the minimum cash requirements of the Business Combination Agreement following any redemptions by Global’s public
shareholders; (viii) the risk that the Transactions may not be completed by the stated deadline and the potential failure to obtain an
extension of the stated deadline; (ix) the outcome of any legal proceedings that may be instituted against Global or Gorilla related
to the Transactions; (x) the attraction and retention of qualified directors, officers, employees and key personnel of Global and Gorilla
prior to the Transactions, and the Company following the Transactions; (xi) the ability of the Company to compete effectively in a highly
competitive market; (xii) the ability to protect and enhance Gorilla’s corporate reputation and brand; (xiii) the impact from future
regulatory, judicial, and legislative changes in Gorilla’s or the Company’s industry; (xiv) the uncertain effects of the
COVID-19 pandemic and geopolitical developments; (xv) competition from larger technology companies that have greater resources, technology,
relationships and/or expertise; (xvi) future financial performance of the Company following the Transactions, including the ability of
future revenues to meet projected annual bookings; (xvii) the ability of the Company to forecast and maintain an adequate rate of revenue
growth and appropriately plan its expenses; (xviii) the ability of the Company to generate sufficient revenue from each of its revenue
streams; (xix) the ability of the Company’s patents and patent applications to protect the Company’s core technologies from
competitors; (xx) the Company’s ability to manage a complex set of marketing relationships and realize projected revenues from
subscriptions, advertisements; (xxi) product sales and/or services; (xxii) the Company’s ability to execute its business plans
and strategy, including potential expansion into new geographic regions; and (xxiii) other risks and uncertainties described herein,
as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the SEC by Global
or Gorilla. The foregoing list of factors is not exclusive. 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-looking
statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.
Global and Gorilla undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they
were made except as required by law or applicable regulation.
Participants
in the Solicitation
Gorilla,
Global and their respective directors, executive officers and employees and other persons may be deemed to be participants in the solicitation
of proxies from the holders of Global securities in respect of the proposed Transactions. Information about Global’s directors
and executive officers and their ownership of Global’s securities is set forth in Global’s filings with the SEC. Additional
information regarding the interests of the participants in the proxy solicitation will be included in the proxy statement pertaining
to the proposed Transactions when it becomes available. These documents can be obtained free of charge from the sources indicated above.
No
Offer or Solicitation
This
Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy any securities pursuant to the
proposed Transactions or otherwise, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or
sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. No offering of
securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.