---
schema_version: "secwatch.filing_event.v1"
accession: "0001500435-23-000035"
form_type: "8-K"
ticker: "GPRO"
cik: "0001500435"
company_name: "GoPro, Inc."
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T01:56:25.750911+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# GoPro extends credit facility maturity to Jan 2027; replaces LIBOR with SOFR

## Summary
- Amendment extends maturity from Jan 22, 2024 to Jan 22, 2027 under existing credit agreement.
- Interest rates unchanged: base rate plus 0.50%-1.00% or SOFR plus 1.50%-2.00%.
- LIBOR-based rates replaced with term SOFR; certain fees reduced.
- If insufficient cash to repay 2025 convertible notes, maturity accelerates to 91 days before note maturity.
- No changes to covenants, representations, warranties, or events of default.

## SEC filing metadata
- accession: 0001500435-23-000035
- form_type: 8-K
- ticker: GPRO
- cik: 0001500435
- company_name: GoPro, Inc.
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500435/000150043523000035/0001500435-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500435/000150043523000035/gpro-20230310.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500435-23-000035
- JSON: https://secwatch.observer/filing/0001500435-23-000035.json
- Plain text: https://secwatch.observer/filing/0001500435-23-000035.txt

## Key facts
- Material Agreements
  GoPro, Inc. amended Amendment No. 1 with Wells Fargo, as an administrative agent, and the Lenders party thereto (effective 2023-03-10).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Wells Fargo, as an administrative agent, and the Lenders party thereto
  - Effective: 2023-03-10
  source text: On March 10, 2023, the Company entered into Amendment No. 1 (the “Amendment”) to the Credit Agreement, dated January 22, 2021, with Wells Fargo, as an administrative agent, and the Lenders party thereto (the “Existing Credit Agreement” and together with the Amendment, the “Amended Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1500435/000150043523000035/0001500435-23-000035-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.