Taiwan's 'baby Tesla' of scooters heads to Wall Street
CNN
Gogoro, a Taiwanese electric scooter startup that's backed by Al Gore and one of Apple's biggest suppliers, is about to have its day on Wall Street.
The company will debut on the Nasdaq on Tuesday after merging with a special purpose acquisition company, Poema Global (PPGH). The deal values the vehicle maker at about $2.35 billion. That's more than triple its last disclosed valuation of $800 million in September 2017.
The Taipei-based firm has raised at least $335 million in cash through the deal, which closed Monday, and will begin trading under ticker symbol "GGR."
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