ICR Inc. is handling media and investor relations for Gogoro, Taiwan’s No. 1 electric scooter company, as it merges with Poema Global Holdings Corp. via a SPAC transaction valued at $2.4B.
Gogoro’s “smartscooters” are supported by a network of subscription-based battery swapping stations to enable easy refueling. There are more than 400K Gogoro battery subscribers.
The company plans to use proceeds of the SPAC for expansion in China, India and Southeast Asia.
The national development funds of Taiwan and Singapore, as well as Apple supplier Foxconn Generation, have invested in the deal.
Gogoro will trade on the NASDAQ when the transaction closes during the first quarter of 2022.
ICR’s Robin Yang and Michael Bowen are global investor contacts for Gogoro and Poema, while Brad Burgess and Edmond Lococo focus on the Asia-Pacific media.
Weber Shandwick’s Tony Ho Loke is also providing media support for Gogoro.