GGR · Gogoro Inc.

Summary

Gogoro Inc. announced the Second Supplemental Agreement to its NT$10,700,000,000 Syndicated Loan Facility dated March 4, 2026, amending financial covenants, deleting certain covenants, ceasing periodic reviews from 2026 annual report, and requiring capital increases totaling NT$4,000,000,000 by end of 2026.

Key takeaways

• Second Supplemental Agreement executed March 4, 2026 to NT$10,700,000,000 Syndicated Credit Facility Agreement originally dated September 28, 2022.
• Deletes [Redacted] covenant from Original Agreement.
• Amends liquidity ratio and debt ratio covenants, with reviews ceasing from 2026 annual consolidated financial report.
• Requires cash capital increase of NT$2,500,000,000 in Guarantor Gogoro Inc. by December 31, 2026 by persons arranged by Mr. Yin Chung-Yao.
• Requires cash capital increase of at least NT$1,500,000,000 in Borrower’s Parent by end of 2026.
• Adds breach event for failure of undertakings by [Redacted] or Mr. Yin Chung-Yao.