Gogoro (GGR) has released an update.
Gogoro Inc. has received a notification from Nasdaq indicating that its shares have fallen below the minimum bid price requirement of $1.00 for 30 consecutive business days. The company has a 180-day period to regain compliance, which could include measures like a reverse stock split if necessary. Despite this challenge, Gogoro’s operations remain unaffected as it continues to focus on its battery swapping and sustainable urban mobility solutions.
For further insights into GGR stock, check out TipRanks’ Stock Analysis page.
