Gogoro SPAC Presentation Deck
About Gogoro and Poema Global
• Founded in 2011, Gogoro has built the world's leading battery swapping
network and best-in-class electric two-wheelers. Core enabling components
of Gogoro's vehicles can be sold to other original equipment manufacturers
("OEMs") allowing full interoperability with the network
• Gogoro offers a comprehensive portfolio of proprietary HW, SW & Services
• Gogoro is poised to expand into the two largest powered two-wheeler
("PTW") markets in the world, China and India, in partnership with leading
PTW OEMs in those markets. Expansion into other markets will follow
• Poema Global Holdings Corp. (NASDAQ: PPGH) is a publicly listed special
purpose acquisition company (SPAC) with $345M of cash held in trust
Leadership
gogoro.
Transaction Overview
PRINCEVILLE
POEMA
Horace Luke
Founder, CEO
and Chairman
Joaquin
Rodriguez Torres
Co-Chairman
Bruce Aitken
CFO
Homer Sun
CEO
Summary of Transaction
• Gogoro shareholders are rolling 100% of their equity
• Pro forma for the transaction (assuming no redemptions)
●
• Transaction proceeds will be used for Gogoro's expansion
into the large and important China and India markets
• Pro forma Enterprise Value of $2.35Bn for Gogoro
• Implying a '23E revenue multiple of 2.5x
Gogoro will have approximately $550M (including, an
oversubscribed $250M+ PIPE investment) of proceeds net
of transaction expenses to support its growth initiatives
Extensive Due Diligence Conducted by Poema Global
• Interviews with senior management of key OEM partners
and the China joint venture operating company
●
Review of China competitive landscape including extensive
local expert discussions and on-the-ground visits
• Local legal and accounting due diligence
75% of sponsor promote is subject to achieving trading price of $15.00 - 20.00/share
gogoro. Confidential 2021View entire presentation