Financing ·
Gogoro raises $61.8M via equity issuance at $2.48 per share and appoints three new directors
GGRGogoro Inc.
Gogoro Inc. announced a second round of equity investments totaling approximately $61.8 million, involving the sale of 24,936,057 ordinary shares to investors controlled by director Chung-Yao Yin and other strategic partners at a subscription price of $2.48 per share. The proceeds will help discharge obligations under an undertaking provided to lenders led by Mega International Commercial Bank Co., Ltd. Concurrently, the company appointed Peter Ming-Tuan Huang, Su-Ming Lin, and Jason Yu-Hsien Chang to its Board of Directors to strengthen governance and operational expertise. Gogoro operates in the electric mobility sector, specializing in battery-swapping ecosystems for urban transportation.