From Pulse 2.0 · Amit Chowdhry · · 40s
Gogoro Raises $61.8m in Equity
Gogoro secures $61.8m in new equity investments to boost its battery-swapping network.
In brief
Gogoro secures $61.8m in new equity investments to boost its battery-swapping network. Gogoro raised $61.8 million in new equity investments to strengthen its balance sheet and support long-term growth in electric mobility. Originally reported by Pulse 2.0.
New Equity Investments
Gogoro announced approximately $61.8 million in new equity investments from entities controlled by director Chung-Yao Yin and strategic investors.
Share Issuance Details
The company plans to issue 24.94 million ordinary shares at $2.48 per share.
Investor Ownership
Gold Sino is expected to own 45% of shares, Peng-Lin 8.8%, and Ruen Hua 21.9%.
The main idea
Gogoro raised $61.8 million in new equity investments to strengthen its balance sheet and support long-term growth in electric mobility.
