UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of May 2022
Commission File Number: 001-41327
GOGORO INC.
11F, Building C,
No. 225, Section 2, Chang’an E. Rd.
SongShan District, Taipei City 105
Taiwan
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Gogoro Releases 2021 Full Year Financial Results
On May 2, 2022, Gogoro Inc. (the "Company”) issued a press release to announce that its full year 2021 financial results had been released.
A copy of the press release is attached as Exhibit 99.1 to this current report on Form 6-K and is incorporated by reference herein.
Gogoro to Announce First Quarter 2022 Financial Results on May 12th at 8 a.m. Eastern Time
On May 2, 2022, the Company issued a press release to announce that the Company plans to release its financial results for the quarter ended March 31, 2022 before markets open on March 12, 2022 and host a Webcast call to discuss the results on March 12, 2022 at 8:00 a.m. Eastern Time.
INDEX TO EXHIBITS
| Exhibit Number | Exhibit Title | |||||||
| 99.1 | ||||||||
| 99.2 | ||||||||
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: May 2, 2022 | /s/ Bruce Morrison Aitken | |||||||||||||
| Bruce Morrison Aitken | ||||||||||||||
| Chief Financial Officer | ||||||||||||||
EXHIBIT 99.1
Gogoro Releases 2021 Full Year Financial Results
TAIPEI – MAY 2, 2022 – Gogoro® Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced its full year 2021 financial results.
For the year ended 2021, Gogoro reported Revenue of $366.0 million, exceeding guidance by $39.0 million (+11.9%) and up $1.9 million (0.5%) from the previous year.
The Company accumulated over 450,000 subscribers in Taiwan as of December 31, 2021, up 23.5% from the previous year.
ABOUT GOGORO
Founded in 2011 to rethink urban energy and inspire the world to move through cities in smarter and more sustainable ways, Gogoro leverages the power of innovation to change the way urban energy is distributed and consumed. Gogoro’s battery swapping and vehicle platforms offer a smart, proven and sustainable long-term ecosystem for delivering a new approach to urban mobility. Gogoro has quickly become an innovation leader in vehicle design and electric propulsion, smart battery design, battery swapping, and advanced cloud services that utilize artificial intelligence to manage battery availability and safety. The challenge is massive, but the opportunity to disrupt the status quo, establish new standards, and achieve new levels of sustainable transportation growth in densely populated cities is even greater. For more information, visit www.gogoro.com/news and follow Gogoro on Twitter: @wearegogoro.
FORWARD LOOKING STATEMENTS
This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Gogoro's 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 Gogoro's expectations, strategy, priorities, plans or intentions. Forward-looking statements in this communication include, but are not limited to,
EXHIBIT 99.1
Gogoro’s beliefs regarding Gogoro’s future operating performance, projections of market opportunity and market share, the capability of Gogoro’s technology and Gogoro’s business plans. Gogoro’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including risks related to the impact of the COVID-19 pandemic, Gogoro’s ability to effectively manage its growth, Gogoro’s ability to launch and ramp up the production of its products and control its manufacturing costs, Gogoro’s ability to expand its sales and marketing abilities, Gogoro’s ability to expand effectively into new markets, Gogoro’s ability to enter into strategic collaborations or alliances, Gogoro’s ability to develop and maintain relationships with its partners, risks related to operating in the PRC and regulatory risks. The forward-looking statements contained in this communication are also subject to other risks and uncertainties, including those more fully described in Gogoro's filings with the Securities and Exchange Commission (“SEC”), including in Gogoro’s Form 20-F which was filed on May 2, 2022 and in its subsequent filings with the SEC. The forward-looking statements in this communication are based on information available to Gogoro as of the date hereof, and Gogoro disclaims any obligation to update any forward-looking statements, except as required by law.
Gogoro Media Contact:
Jason Gordon, Gogoro
+1 206-778-7245
jason.gordon@gogoro.com
Gogoro Investor Contact:
Michael Bowen, ICR, LLC.
+1 212-475-0415
gogoroIR@icrinc.com
ir@gogoro.com
EXHIBIT 99.2
Gogoro to Announce First Quarter 2022 Financial Results
on May 12th at 8 a.m. Eastern Time
TAIPEI – MAY 2, 2022 – Gogoro® Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it will release its financial results for the quarter ended March 31st, 2022 before markets open on May 12th, 2022. Gogoro’s management team will hold an earnings Webcast on May 12th, 2022 at 8:00 a.m. Eastern Time to discuss the Company’s financial and business results and outlook.
What: Date of Gogoro Q1 2022 Financial Results and Q&A Webcast
When: Thursday, May 12, 2022
Time: 8:00 a.m. Eastern Time / 8:00 p.m. Taipei Standard Time
Webcast: https://investor.gogoro.com (live and replay)
Approximately 24 hours after the Q&A session, an archived version of the webcast will be available on the Company’s website for approximately two weeks thereafter.
ABOUT GOGORO
Founded in 2011 to rethink urban energy and inspire the world to move through cities in smarter and more sustainable ways, Gogoro leverages the power of innovation to change the way urban energy is distributed and consumed. Gogoro’s battery swapping and vehicle platforms offer a smart, proven and sustainable long-term ecosystem for delivering a new approach to urban mobility. Gogoro has quickly become an innovation leader in vehicle design and electric propulsion, smart battery design, battery swapping, and advanced cloud services that utilize artificial intelligence to manage battery availability and safety. The challenge is massive, but the opportunity to disrupt the status quo, establish new standards, and achieve new levels of sustainable transportation growth in densely populated cities is even greater. For more information, visit www.gogoro.com/news and follow Gogoro on Twitter: @wearegogoro.
Gogoro Media Contact:
Jason Gordon, Gogoro
+1 206-778-7245
EXHIBIT 99.2
jason.gordon@gogoro.com
Gogoro Investor Contact:
Michael Bowen, ICR, LLC.
+1 212-475-0415
gogoroIR@icrinc.com
ir@gogoro.com