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.

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