Taiwan's Ruen Hua Dyeing & Weaving takes 21.9% of Gogoro after $21.4m share purchase

Ruen Hua Dyeing & Weaving Co., Ltd., a Taiwan company, reports beneficial ownership of 9,867,015 ordinary shares in Gogoro Inc. (CIK 1886190), or 21.92% of the class, based on 45,009,640 shares outstanding (Schedule 13D, filed 15 October 2026).

Of that holding, Ruen Hua bought 8,616,603 shares at $2.48 each, for an aggregate $21,369,175.44, funded from working capital. The purchase was made under a share purchase agreement with Gogoro dated 7 October 2026, and the filing says closing occurred on 13 October 2026 (Schedule 13D, Item 3).

Ruen Hua holds sole voting and dispositive power over the 8,616,603 shares and shared power over a further 1,250,412 shares held by entities it controls (Schedule 13D, cover page).

The filing states the shares were acquired for investment purposes. It says Ruen Hua may buy or sell further shares or pursue extraordinary transactions such as a tender offer or business combination, and that it reserves the right to change its intention (Schedule 13D, Item 4).

Under a standstill described in the filing, Ruen Hua may not seek to acquire control, pursue mergers or other extraordinary transactions, or solicit proxies without Gogoro's prior written consent. It also has demand, piggyback and shelf registration rights over its shares (Schedule 13D, Item 6).

The filings do not state how Gogoro will use the proceeds or how long the standstill lasts. Loro has made no approach to the company. Figures are as reported in Ruen Hua's SEC filing.