Gogoro announced approximately $61.8 million in new equity investments from entities controlled by director Chung-Yao Yin and additional strategic investors, providing the electric mobility company with additional capital to support its balance sheet and long-term growth plans.
The company plans to issue approximately 24.94 million ordinary shares at a purchase price of $2.48 per share.
Participants in the financing include Gold Sino Asset Limited and Peng-Lin Investment Limited, both controlled by Yin, as well as Ruen Hua Dyeing & Weaving and Yi Tai Investment.
Following completion of the transaction, Gold Sino is expected to beneficially own approximately 45% of Gogoro’s outstanding ordinary shares.
Peng-Lin is expected to hold approximately 8.8%, while Ruen Hua and its affiliates are expected to beneficially own approximately 21.9% of the company.
The financing represents a second round of new equity investments involving entities controlled by Yin and other strategic investors, further increasing their financial commitment to Gogoro.
Gogoro said the new capital will strengthen its balance sheet and provide additional resources to support continued business development and the execution of its long-term growth strategy.
The transaction has been reviewed and approved by Gogoro’s Audit Committee and Board of Directors.
Closing remains subject to customary conditions, including required Nasdaq clearance.
Gogoro expects the investment to be funded on or before October 13, 2026.
The additional equity comes as Gogoro continues operating and developing its battery-swapping ecosystem for electric two-wheel transportation.
The company’s network supports nearly 700,000 riders and includes more than 2,700 GoStation battery-swapping locations.
Gogoro’s platform is designed to provide riders with rapid access to charged batteries while supporting a broader electric mobility ecosystem spanning vehicles, battery technology, software, and energy infrastructure.
The $61.8 million financing gives the company additional financial flexibility as it continues investing in its network, technology, and broader business strategy.
