Battery swapping and vehicle platforms
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Gogoro Announces 1-for-20 Share Consolidation
Prnewswire· 2025-09-16 10:00
Core Viewpoint - Gogoro Inc. will implement a 1-for-20 share consolidation effective October 6, 2025, to increase the per-share trading price and regain compliance with Nasdaq's minimum bid price requirement [1][2]. Share Consolidation Details - The share consolidation ratio was approved by shareholders on May 28, 2025, allowing a range from no consolidation to 1-for-100, with the final decision made by the Board of Directors on September 16, 2025 [2]. - No fractional shares will be issued; any resulting fractions will be canceled and returned to the pool of authorized but unissued shares [2]. - Outstanding warrants and other equity rights will be proportionately adjusted, with the exercise price of public warrants set to $230 per share and total shares reduced to 862,500 [3]. Impact on Shareholders - The share consolidation will uniformly affect all shareholders, maintaining their percentage ownership interest, except for those with fractional interests [4]. - Registered shareholders will not need to take action to receive split-adjusted shares, as adjustments will be made automatically for those holding shares through brokers or other organizations [5]. Company Background - Gogoro, founded in 2011, focuses on sustainable urban mobility solutions through battery swapping ecosystems and has received multiple accolades for innovation and sustainability [7].
Gogoro Announces Director Undertaking to Procure Equity Investments
Prnewswire· 2025-09-16 10:00
Core Insights - Gogoro Inc. announced that Mr. Yin Chung Yao, a director and affiliate of the largest shareholder, will procure equity investments totaling NTD$2,500 million by December 31, 2026 [1] - The company is in discussions with lenders regarding a potential amendment to a syndicated credit facility agreement, which includes a 5-year term loan of NT$10,700 million [2] - There is no assurance that any amendments to the loan facility or equity investments will materialize, as these are subject to further negotiations and approvals [3] Company Overview - Gogoro, founded in 2011, focuses on sustainable urban mobility solutions through battery swapping ecosystems [4] - The company has received multiple recognitions, including being named a "Change the World 2024" company by Fortune and "Asia-Pacific's Most Innovative Company of 2024" by Fast Company [4] - Gogoro aims to disrupt traditional urban energy distribution and consumption, leveraging innovation in vehicle design, electric propulsion, and smart battery technology [4]
Gogoro to Announce Second Quarter 2025 Financial Results on August 12th at 8 a.m. Eastern Time
Prnewswire· 2025-07-28 10:00
Core Insights - Gogoro Inc. will release its financial results for Q2 2025 on August 12, 2025, before market opening [1] - An earnings webcast will be held at 8:00 a.m. Eastern Time on the same day to discuss financial and business results [2] Company Overview - Founded in 2011, Gogoro aims to innovate urban energy solutions and promote sustainable mobility [3] - The company has received multiple accolades, including being recognized by Fortune as a "Change the World 2024" company and by Frost & Sullivan as the "2024 Global Company of the Year for battery swapping for electric two-wheel vehicles" [3] - Gogoro's technology focuses on battery swapping, vehicle design, and AI-driven cloud services to enhance urban mobility [3]
Gogoro to Announce First Quarter 2025 Financial Results on May 8th at 8 a.m. Eastern Time
Prnewswire· 2025-04-29 11:55
Group 1 - Gogoro Inc. will release its financial results for Q1 2025 on May 8, 2025, before market opening [1] - An earnings webcast will be held at 8:00 a.m. Eastern Time on the same day to discuss financial and business results [2] - An archived version of the webcast will be available for approximately two weeks after the Q&A session [2] Group 2 - Gogoro was founded in 2011 to innovate urban energy solutions and promote sustainable mobility [3] - The company has received multiple accolades, including being recognized by Fortune as a "Change the World 2024" company and by Frost & Sullivan as the "2024 Global Company of the Year for battery swapping for electric two-wheel vehicles" [3] - Gogoro's technology focuses on battery swapping, vehicle design, and advanced cloud services utilizing AI for battery management [3]