Gogoro Announces $50 Million Share Purchase Deal
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Gogoro Announces $50 Million Share Purchase Deal

Gogoro (GGR) has released an update.

Gogoro Inc. has entered into a share and warrant purchase agreement with Gold Sino Assets Limited to issue over 32 million ordinary shares and a warrant for an additional 10 million shares, aiming to strengthen their financial standing through a $50 million investment. The deal, which includes the provision of registration rights, will be completed upon the satisfaction of certain conditions and with the Closing Date set as soon as practicable.

For further insights into GGR stock, check out TipRanks’ Stock Analysis page.

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