Gogoro Inc. announced that its equity listing has been transferred from the Nasdaq Global Select Market to the Nasdaq Capital Market, effective April 30, 2025. This transfer was approved by Nasdaq's Listing Qualifications Department on April 28, 2025.
The move follows a Nasdaq Listing Compliance Notice received on November 1, 2024, indicating that Gogoro's ordinary shares had traded below the US$1.00 minimum bid price for 30 consecutive business days. The transfer grants the company an additional 180 calendar days, until October 27, 2025, to regain compliance.
Gogoro aims to achieve a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days to satisfy the requirement. The company does not anticipate a material impact on the trading of its securities as a direct result of this listing transfer.
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