secwatch / observer
8-K filed November 6, 2025, 6:59 PM ET ticker GPRO CIK 0001500435
earnings confidence high sentiment negative materiality 0.85

GoPro Q3 revenue down 37% to $163M, GAAP loss per share $0.13; CEO trust invests $2M; credit covenants relaxed

GoPro, Inc.

2025-Q3 EPS reported -$0.53 vs consensus -$0.04 ▼ miss (-1199.0%)

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

GoPro, Inc. issued up to 11,076,968 shares of its Class A Common Stock of warrant to Mateo Financing, LLC for Exercise Price of the Original Warrant from $1.25 per share to $0.75 per share.

Security
warrant
Shares
up to 11,076,968 shares of its Class A Common Stock
Purchaser
Mateo Financing, LLC
Consideration
Exercise Price of the Original Warrant from $1.25 per share to $0.75 per share
Exact text from the filing
On November 5, 2025, the Company and Mateo Financing, LLC, the warrant holder of the remaining outstanding warrants to purchase up to11,076,968 shares of its Class A Common Stock, $.0001 par value per share (the “Warrant holder”) agreed to amend the issued warrant (the “Original Warrant”) entered into under the terms of the Warrant Agreement dated August 4, 2025, by and among the Company and the Warrant holder (the “Warrant Agreement”) to amend the definition of “Exercise Price” of the Original Warrant from $1.25 per share to $0.75 per share (the “2025 Warrant Amendment”).
View on SEC.gov
Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

GoPro, Inc. issued common stock to The Woodman Family Trust under Trust Agreement dated March 11, 2011, of which Mr. Nicholas Woodman, the Company’s Chief Executive Officer and Chairman of the Board of Directors of the Company, is co-trustee for aggregate purchase price of $2,000,000.

Security
common stock
Purchaser
The Woodman Family Trust under Trust Agreement dated March 11, 2011, of which Mr. Nicholas Woodman, the Company’s Chief Executive Officer and Chairman of the Board of Directors of the Company, is co-trustee
Consideration
aggregate purchase price of $2,000,000
Exact text from the filing
On November 5, 2025, the Company entered into a Subscription Agreement with The Woodman Family Trust under Trust Agreement dated March 11, 2011, of which Mr. Nicholas Woodman, the Company’s Chief Executive Officer and Chairman of the Board of Directors of the Company, is co-trustee (such trust, the “Purchaser”), whereby the Company will issue and sell to the Purchaser Class A Common Stock shares, par value $0.0001 of the Company, for an aggregate purchase price of $2,000,000 (the “Subscription Agreement”).
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

GoPro, Inc.: Board waived provisions of Code of Conduct, Code of Ethics, and Insider Trading Policy to allow Purchaser's stock purchase without a 10b5-1 plan.

Change
code of ethics
Exact text from the filing
The Board of Directors (the “Board”) of the Company approved the entrance into the Subscription Agreement, including waiving any provision of the Code of Conduct or the Company’s Code of Conduct and Ethics or Insider Trading Policy (the “Trading Policy” and together, the “Policies”) to the extent the Purchaser’s purchase of Class A Common Stock of the Company in connection with the Subscription Agreement violated the Policies, including certain provisions of the Policies that require directors, officers, employees, agent, contractor, and consultants of the Company to only buy or sell the Company’s securities pursuant to a 10b5-1 plan.
View on SEC.gov

Browse all equity issuances →

GoPro, Inc. filing history →

Source: SEC EDGAR
accession 0001500435-25-000093
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