Gogoro Secures $61.8M in New Equity Investments

TAIPEI, Taiwan, Oct. 07, 2026 /CourierPR/ -- Gogoro Inc., a global technology leader in battery swapping ecosystems, has announced a second round of new equity investments by entities controlled by Mr. Chung-Yao Yin, a director of the Company. The aggregate amount of these new equity investments is expected to be approximately $61.8 million. Pursuant to separate share purchase agreements, the Company will issue and sell an aggregate of 24,936,057 ordinary shares of the Company, par value US$0.002 per share (the “Ordinary Shares”) to the Investors at a subscription price of US$2.48 per share, which was determined based on an agreed pricing mechanism and in compliance with applicable regulatory requirements. Upon completion of these new equity investments, Mr. Yin will fully discharge his obligation under the undertaking he provided to the Company’s lenders led by Mega International Commercial Bank Co., Ltd., as announced by the Company in September 2025.

The Investors include Gold Sino Asset Limited, Peng-Lin Investment Limited, and Ruen Hua Dyeing & Weaving Co., Ltd., and Yi Tai Investment Co., Ltd., all of which are controlled by Mr. Yin. Upon completion of these new equity investments, Gold Sino is expected to beneficially own approximately 45.0% of the Company’s outstanding Ordinary Shares, Peng-Lin approximately 8.8%, and Ruen Hua and its affiliates approximately 21.9%. These new equity investments are expected to further strengthen the Company’s capital base and support its continued business development and long-term growth strategy.

Founded in 2011 to rethink urban energy, Gogoro is the world’s leader in battery-swapping electric mobility, setting new standards for sustainable mobility. Powering nearly 700,000 riders and over 900 million battery swaps across more than 2,700 GoStation locations, the Gogoro Network redefines how cities move. Recognized globally in 2024, including Fortune’s "Change the World," Fast Company’s "Asia-Pacific's Most Innovative Company," MIT Technology Review’s "15 Climate Tech Companies to Watch," and Frost & Sullivan’s "Global Company of the Year" for battery swapping, Gogoro continues to disrupt the status quo and accelerate the shift to cleaner, smarter mobility, and lead the way in reimagining how cities move.

Gogoro’s new equity investments are expected to further strengthen its capital base, support its business development, and align with its long-term growth strategy. The Company will issue Ordinary Shares that are not registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), to the Investors, and will grant the Investors certain customary registration rights with respect to such shares. Closing of these new equity investments is subject to certain customary closing conditions, including any required clearance with Nasdaq. The Company expects that the remittance of these new equity investments will occur on or before October 13, 2026.

Forward-Looking Statements This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Gogoro's future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "going to," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these words or other similar terms or expressions that concern Gogoro's expectations, strategy, priorities, plans or intentions. Forward-looking statements in this communication include, but are not limited to, statements regarding Gogoro’s ability to close the new equity investments, strengthen its capital base, continue business development, strengthen its financial discipline, operational execution, and long-term growth strategy; Gogoro’s future plans and growth strategy; and statements by Gogoro's chief executive officer and current and future chief financial officer.