Company: GGR
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001886190-25-000017
Chunk: 56

Company: Gogoro Inc.
Filing Date: 2025-03-31
Form: 20-F
Item: Item 3
Chunk 56
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Foreign Investment Regulations

Indian companies that are owned or controlled by non-resident persons are subject to investment restrictions specified in the Consolidated Foreign Direct Investment Policy (“ Consolidated FDI Policy”). Under the Consolidated FDI Policy, foreign direct investment (“ FDI”) in companies engaged in sectors/ activities is permitted up to 100% of the paid-up share capital of such company under the automatic route or approval route, subject to compliance with certain prescribed conditions including, inter alia, including sectoral limits, approval requirements, pricing guidelines, and restrictions based on the domicile of investors, as may be applicable. The Consolidated Foreign Direct Investment (FDI) Policy may undergo revisions and amendments over time, potentially leading to situations where foreign direct investments may not be permitted through automatic routes and instead necessitate prior approval from the government. Further, in accordance with Press Note No. 3 (2020 Series), dated April 17, 2020 issued by the DPIIT and the Foreign Exchange Management (Non-debt Instruments) Amendment Rules, 2020 which came into effect from April 22, 2020, any investment, subscription, purchase or sale of equity instruments by entities of a country which shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country (“ Restricted Investors”), will require prior approval of the Government, as prescribed in the Consolidated FDI Policy and the FEMA Non-debt Instruments Rules. Any investments in the Company may be subject to prior government approval and could suffer from delays in obtaining the approval.

Risks Related to Ownership of the Gogoro Ordinary Shares

The price of the Gogoro Ordinary Shares may be volatile, and the value of the Gogoro Ordinary Shares may decline.

We cannot predict the prices at which the Gogoro Ordinary Shares will trade. The trading price of the Gogoro Ordinary Shares has been and may continue to be volatile and subject to fluctuations in response to various factors, some of which are beyond our control. These fluctuations could cause you to lose all or part of your investment in the Gogoro Ordinary Shares as you might be unable to sell your shares at or above the price you paid. Factors that could cause fluctuations in the trading price of the Gogoro Ordinary Shares include the following:

▪ actual or anticipated fluctuations in our financial condition or results of operations;

▪ variance in our financial performance from expectations of securities analysts;

▪ changes in the pricing of our solutions;

▪ changes in our projected