Simpson Thacher Represents Gogoro in the US$50 Million PIPE Investment by Gold Sino
06.13.24
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The Firm recently represented Gogoro Inc. (“Gogoro,” Nasdaq: GGR) in the US$50 million private investment in public equity (“PIPE”) by Gold Sino Assets Limited (“Gold Sino”). In addition to 32,516,095 ordinary shares of Gogoro issued to Gold Sino at closing of the transaction, Gold Sino also acquired a warrant to purchase 10,838,698 additional ordinary shares of Gogoro. The transaction was closed on June 7, 2024 and the proceeds of the transaction will be used to continue Gogoro's growth and development in Taiwan and international expansion markets.
Headquartered in Taiwan, Gogoro is an innovative company focusing on utilizing cutting-edge technologies to transform urban transportation and enable the mass market shift to clean sustainable two-wheel transportation. Gogoro battery swapping provides smart, convenient and accessible portable power using industry-leading battery swapping and Smartscooter vehicles that address the needs of urban residents in Asia and other regions with densely populated cities.
The Simpson Thacher team includes Yi Gao, Yang Wang, Shuting Lu, Keng-Wen Lin and Haixuan Yang (Corporate).