Gogoro Inc. Consummates Senior Notes Offering
Ticker: GGROW · Form: 6-K · Filed: Jun 25, 2024 · CIK: 1886190
| Field | Detail |
|---|---|
| Company | Gogoro INC. (GGROW) |
| Form Type | 6-K |
| Filed Date | Jun 25, 2024 |
| Risk Level | low |
| Pages | 9 |
| Reading Time | 10 min |
| Key Dollar Amounts | $0.0001, $25,000,000, $1.4804, $20 million, $5 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-offering, notes, financing
TL;DR
Gogoro just closed a deal on those 2029 notes they were talking about.
AI Summary
On June 24, 2024, Gogoro Inc. entered into and consummated a transaction related to its previously announced offering of senior notes due 2029. The company announced this via a press release on June 25, 2024. The specific details of the transaction, including the principal amount and interest rate of the notes, are not provided in this excerpt.
Why It Matters
This filing indicates Gogoro Inc. has completed a financial transaction involving senior notes, which could impact its capital structure and future financial obligations.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a completed financial transaction without immediate negative or positive indicators.
Key Players & Entities
- Gogoro Inc. (company) — Registrant
- June 24, 2024 (date) — Date of transaction consummation
- June 25, 2024 (date) — Date of press release
- 2029 (date) — Maturity year of senior notes
FAQ
What was the principal amount of the senior notes offered by Gogoro Inc.?
The provided excerpt does not specify the principal amount of the senior notes.
What is the interest rate on the senior notes due 2029?
The interest rate for the senior notes due 2029 is not disclosed in this filing excerpt.
What specific transaction was consummated on June 24, 2024?
Gogoro Inc. consummated a transaction related to its previously announced offering of senior notes due 2029.
When did Gogoro Inc. issue the press release regarding this transaction?
Gogoro Inc. issued the press release on June 25, 2024.
Does Gogoro Inc. file annual reports under Form 20-F or 40-F?
Gogoro Inc. indicates it files annual reports under Form 20-F.
Filing Stats: 2,569 words · 10 min read · ~9 pages · Grade level 16.7 · Accepted 2024-06-25 06:06:27
Key Financial Figures
- $0.0001 — ordinary shares of Gogoro, par value US$0.0001 per share (the Ordinary Shares), for an
- $25,000,000 — ), for an aggregate purchase price of US$25,000,000, reflecting a per share purchase price
- $1.4804 — share purchase price of approximately US$1.4804 (the Per Share Purchase Price). Concurr
- $20 million — payable in cash). Use of proceeds : US$20 million of the proceeds from the Convertible No
- $5 million — ategic Partnership, and the remaining US$5 million will be used to fund other strategic in
- $50,000,000 — es for an aggregate purchase price of US$50,000,000 and (ii) a warrant to purchase 10,838,6
- $1.6915 — ,838,698 Ordinary Shares of Gogoro at US$1.6915 per share (subject to certain adjustmen
Filing Documents
- d851924d6k.htm (6-K) — 35KB
- d851924dex101.htm (EX-10.1) — 677KB
- d851924dex102.htm (EX-10.2) — 40KB
- d851924dex103.htm (EX-10.3) — 117KB
- d851924dex991.htm (EX-99.1) — 11KB
- g851924dsp001.jpg (GRAPHIC) — 6KB
- 0001193125-24-167411.txt ( ) — 889KB
Forward Looking Statements
Forward Looking Statements This communication contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward looking statements generally relate to future events or Gogoros future financial or operating performance. In some cases, you can identify forward looking statements because they contain words such as may, will, should, expects, plans, anticipates, going to, could, intends, target, projects, contemplates, believes, estimates, predicts, potential or continue or the negative of these words or other similar terms or expressions that concern Gogoros expectations, strategy, priorities, plans or intentions. Forward-looking statements in this communication include, but are not limited to, the potential use of the proceeds, the potential signing and/or closing of the definitive agreements in respect of a contemplated electric two-wheeler joint venture, the potential signing of the Note Purchase Agreement by the parties, the potential issuance of the Convertible Note and the Conversion Shares, the Second Tranche Closing, and the growth prospects of Gogoro. Such statements are based upon managements current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Gogoros control, which may cause Gogoros actual results, performance or achievements to differ materially from those in the forward-looking statements. The forward looking statements contained in this communication are also subject to other risks and uncertainties, including those more fully described in Gogoros filings with the Securities and Exchange Commission (SEC), including Gogoros Form 20-F for the year ended December 31, 2023, which was filed on March 29, 2024 and its subsequent filings with the SEC, copies of which are
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Gogoro Inc. Date: June 25, 2024 /s/ Bruce Morrison Aitken Bruce Morrison Aitken Chief Financial Officer