Gogoro Announces US$16.7 Million New Equity Investment From Gold Sino

Core Viewpoint - Gogoro Inc. has entered into a Share Purchase Agreement with Gold Sino Assets Limited for a new equity investment of approximately US$16.7 million, which will increase Gold Sino's ownership in the company to 49% [1][2]. Group 1: Share Purchase Agreement Details - The New Equity Investment consists of 5,300,000 newly issued ordinary shares at a subscription price of US$3.15 per share, reflecting a 10% discount to the 30-day Variable Weighted Average price as of March 6, 2026 [2]. - The closing of the New Equity Investment is subject to customary conditions, including clearance with Nasdaq, and is expected to occur on or before March 31, 2026 [3]. Group 2: Company Overview - Gogoro, founded in 2011, is a leader in battery-swapping electric mobility, with nearly 700,000 riders and over 800 million battery swaps across more than 2,700 GoStation locations [4]. - The company has received global recognition for its innovative approach to sustainable mobility, including accolades from Fortune, Fast Company, MIT Technology Review, and Frost & Sullivan [4].