Gogoro Announces ~$61.8M Of Share Purchase Agreements With Entities Controlled By Company Director Mr. Chung-Yao Yin And Certain Strategic Investors For 24.9M Shares At $2.48/Share
Gogoro Inc. ("Gogoro," the "Company" or "we") (NASDAQ:GGR), a global technology leader in battery swapping ecosystems, today announced a second round of new equity investments by entities
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Why It Matters
Gogoro is selling about 25 million new shares to raise roughly $62 million. This cash helps the company grow, but it also means each old share owns a smaller piece of the company.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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