Business
Gogoro Inc. Transfers Equity Listing to the Nasdaq Capital Market
Gogoro Inc. ("Gogoro," "the Company" or "We") (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, announced that on April 28, 2025 it received approval from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") to transfer the listing of the Company's ordinary shares (ticker: GGR) (the "Ordinary Shares") and warrants (ticker: GGROW) (collectively, the "Securities") from the Nasdaq Global Select Mark
About this update from Gogoro Inc.
[{"type":"text","content":"TAIPEI, May 2, 2025 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, announced that on April 28, 2025 it received approval from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") to transfer the listing of the Company's ordinary shares (ticker: GGR) (the "Ordinary Shares") and warrants (ticker: GGROW) (collectively, the "Securities") from the Nasdaq Global Select Market to the Nasdaq Capital Market. The listing of the Company's Securities were transferred to the Nasdaq Capital Market at the opening of business on April 30, 2025.","length":768,"tagName":"p"},{"type":"image","alt":"Gogoro Logo","displaySize":"","headline":null,"caption":"Gogoro Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":225,"url":"https://media.zenfs.com/en/prnewswire.com/c154892a5b3d2bc639ba85c4f88f373c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/6stBBYRzWkHAiRZHZxI4pQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/c154892a5b3d2bc639ba85c4f88f373c","width":400,"height":225}},"href":"https://mma.prnewswire.com/media/395232/Gogoro___Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"As previously disclosed, on November 1, 2024, the Company received a letter from Nasdaq indicating that the Company was not in compliance with Nasdaq Listing Rule 5450(a)(1), as the closing bid price of the Ordinary Shares had been below US$1.00 per share for the past 30 consecutive business days. The Company was given an initial compliance period of 180 calendar days, or until April 28, 2025, to regain compliance with the minimum bid price requirement. On April 18, 2025, the Company submitted an application to transfer the listing of its Securities from the Nasdaq Global Select Market to the Nasdaq Capital Market, and was granted approval on April 28, 2025. In conjunction with the approval of transfer to the Nasdaq Capital Market, Nasdaq also granted the Company an additional period of 180 calendar days, or until October 27, 2025, to regain compliance with the minimum bid price requirement. If at any time before October 27, 20...