Gogoro Inc. Transfers Equity Listing to Nasdaq Capital Market

TAIPEI, May 2, 2025 — Gogoro Inc. (“Gogoro,” “the Company” or “We”), a leader in battery swapping ecosystems for sustainable urban mobility, announced that it has received approval to transfer its equity listing from the Nasdaq Global Select Market to the Nasdaq Capital Market. This change, effective April 30, 2025, follows the company’s inability to maintain the requirements for the Nasdaq Global Select Market.

Company Overview

Gogoro Inc., headquartered in Taipei City, operates within the Consumer Discretionary sector. The company specializes in manufacturing two-wheeled electric vehicles and developing the necessary infrastructure for battery swapping. Gogoro’s electric smart-scooters are connected to the cloud and utilize a swappable battery infrastructure, allowing for data collection, analysis, and sharing through a mobile application. The company exclusively serves customers in Taiwan and is listed on the Nasdaq stock exchange.

Financial Highlights

As of April 30, 2025, Gogoro’s close price was $0.26, with a 52-week high of $2.02 on May 5, 2024, and a 52-week low of $0.188 on April 8, 2025. The company’s market capitalization stands at $76,790,000. The price-to-earnings ratio is currently negative at -0.561252, reflecting the company’s financial challenges.

Upcoming Financial Results

Gogoro is set to announce its first quarter 2025 financial results on May 8, 2025, at 8 a.m. Eastern Time. The company will host an earnings webcast to discuss its performance and outlook.

Market Context

While Gogoro focuses on sustainable mobility solutions, other sectors such as gaming in Macau have shown varied performance. Macau’s Gross Gaming Revenue (GGR) rose by 1.7% year-over-year in April 2025, reaching 80% of the level seen in April 2019. This growth outpaced previous months, with Morgan Stanley predicting a flat year-over-year performance for May 2025.

Conclusion

Gogoro’s transition to the Nasdaq Capital Market marks a significant shift in its listing status, reflecting its current financial position. The company remains focused on its mission to provide sustainable mobility solutions through its innovative battery swapping technology. Investors and stakeholders will be closely watching the upcoming financial results for further insights into Gogoro’s performance and strategic direction.