Provided By PR Newswire
Last update: Sep 16, 2025
TAIPEI, Sept. 16, 2025 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that, at the request of the Company, Mr. Yin Chung Yao ("Mr. Yin"), a director of the Company and an affiliate of the Company's largest shareholder, agreed to issue an undertaking to the lenders (the "Lenders") led by Mega International Commercial Bank Co., Ltd. ("Mega") that he will procure equity investments in the Company with an aggregate investment amount of NTD$2,500 million by December 31, 2026 (the "Undertaking"). The Company expects such equity investments to be made based on prevailing market price of the Company's ordinary shares at the time of the investments subject to approval by the audit committee and the board of directors of the Company as applicable.
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