Taiwanese electric scooter maker Gogoro to go public via US$2.35 billion SPAC deal

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TAIPEI: Taiwanese electric scooter maker Gogoro, which is partly backed by Singapore state investor Temasek, said on Thursday (Sep 16) that it will go public through a merger with a blank-check company in a deal that sets its enterprise value at US$2.35 billion. Gogoro - which has been pushing to expa

TAIPEI: Taiwanese electric scooter maker Gogoro, which is partly backed by Singapore state investor Temasek, said on Thursday that it will go public through a merger with a blank-check company in a deal that sets its enterprise value at US$2.35 billion.

"The NASDAQ will validate further and give the publicity and stage that Gogoro needs in order to perform and also to be recognised as a global company with global resources," founder and CEO Horace Luke told Reuters.The Taipei-based company, which is known for its battery distribution network for riders, has in recent years launched scooter-sharing services in Europe and battery sharing infrastructure in Japan.

 

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