Asian Tech Press (Sep 14) -- Gogoro, a Taiwan-based electric motorcycle start-up, is in talks with Poema Global Holdings Corp (PPGHU:NASDAQ), a blank check company, aiming to be listed in the U.S. throug a merger with a SPAC, Bloomberg reported Tuesday.

When the deal is completed, it will enable the combined company to be valued at $1 billion or more, the report said, citing sources familiar with the matter. It means that Gogoro will successfully join the "unicorn club".

In response, Gogoro said it would not comment on market rumors or speculation. Instead, outsiders expect the company to make an announcement at a press conference on Sept. 16.

It is understood that Gogoro sent out an invitation yesterday with the title "Looking Ahead and Reflecting" and is scheduled to hold a press conference at 4:50 p.m. on Sept. 16.

Founded in 2020, Poema is a blank check firm headquartered in San Francisco, California, and listed on NASDAQ under the symbol "PPGHU" after raising $345 million at $10 per share in an IPO in January of this year.

Gogoro was founded in 2011 and has a paid-in capital of NT$1.485 billion. And its investors include Generation Investment Management LLP, founded by former U.S. Vice President Al Gore, Singapore's Temasek Holdings Limited, Japan's Panasonic and Sumitomo Corporation, and French energy giant Engie SA.