Battery-swapping tech company Gogoro® today announced it expects to close a business combination with Poema Global Holdings on April 4, “following anticipated shareholder approval on March 31,” the company said in a news release.
If the deal is, in fact, approved, the transaction is expected to provide at least $335 million of gross proceeds to Gogoro. The company’s shares and warrants would then begin trading on the Nasdaq Global Select Market under the symbols GGR and GGROW on April 5.
Current Gogoro shareholders are rolling 100% of their equity and will hold majority ownership of the combined company at closing.
Poema raised $300 million in a january 2021 IPO and has an oversubscribed PIPE of $295 million. Read more.
