Taiwan Battery-Swapping Pioneer Gogoro to Go Public in SPAC Merger

📆 16-09-21 15:32:00
📰 WSJ

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Taiwan’s Gogoro will go public in the U.S. via a SPAC merger that values the battery-swapping pioneer at more than $2.3 billion.

Taiwan’s Gogoro Inc. will go public in the U.S. via a special-purpose acquisition vehicle merger with Poema Global Holdings Corp. that values the battery-swapping pioneer at more than $2.3 billion.

On Thursday, the Taipei-based company said it plans to list on the Nasdaq Stock Market through a merger with Poema, a SPAC, giving it fresh funds as it moves to expand into China and India.

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