Gogoro, a global technology provider of battery swapping ecosystems that enable sustainable mobility solutions for cities, went public via a SPAC merger with Poema Global Holdings, a publicly traded special purpose acquisition company, in a $2.35bn deal. The merger included a $250m PIPE investment from Foxconn Technology Group and GoTo Group. "Poema Global is excited to be partnering with Gogoro, a global technology leader in urban electric mobility that has demonstrated the scalability and attractiveness of its next generation battery swapping technology in Taiwan. We believe the technology differentiation Gogoro has developed in combination with the world-class partnerships it has forged will drive significant growth opportunities in the two largest two-wheeler markets in the world. We are committed to working alongside Gogoro's outstanding management team to support its geographic expansion plans and its transition to a Nasdaq-listed company," Homer Sun, Poema Global CEO. On March 31, 2022, Gogoro and Poema Global announce shareholders approved the business combination.