Company: GGR
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001886190-25-000017
Chunk: 137

Company: Gogoro Inc.
Filing Date: 2025-03-31
Form: 20-F
Item: Item 9
Chunk 137
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ITEM 9. THE OFFER AND LISTING

A. Offering and Listing Details

See “ - C. Markets.”

B. Plan of Distribution

Not applicable.

C. Markets

Our ordinary shares and Public Warrants are listed on the Nasdaq Global Select Market under the symbols “ GGR” and “ GGROW”, respectively.

On October 29, 2024, we were notified by Nasdaq of our non-compliance with the continued listing standard because, for the 30 consecutive business days prior to the notice, the closing bid price of Gogoro Ordinary Shares was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1). Pursuant to the Nasdaq Listing Rule 5810(c)(3)(A), we are provided with a compliance period of 180 calendar days, or until April 28, 2025, to regain compliance under the Nasdaq Listing Rules. If at any time during the 180-day compliance period, the closing bid price of Gogoro Ordinary Shares is US$1.00 per share or higher for at least ten consecutive business days, Nasdaq will provide us written confirmation of compliance and the matter will be closed. In the event we do not regain compliance by April 28, 2025, subject to the determination by the staff of Nasdaq, we may be eligible for an additional 180-day compliance period if we apply to transfer the listing of Gogoro Ordinary Shares to the Nasdaq Capital Market. To qualify, we will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of our intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary. See “ Item 3. Key Information - D. Risk Factors - Risks Related to Ownership of the Gogoro Ordinary Shares - We have fallen below the continued listing requirements of Nasdaq, and if we cannot regain compliance in time, Gogoro Ordinary Shares may be delisted and the liquidity and the trading price of Gogoro Ordinary Shares could be materially and adversely affected.”

D. Selling Shareholders

Not applicable.

E. Dilution

Not applicable.

F. Expenses of the Issue

Not applicable.

ITEM 10. ADDITIONAL INFORMATION