GoPro secures $20M financing from CEO Nicholas Woodman via senior secured notes and warrants

GoPro, Inc.

$20M aggregate principal of senior secured notes at 6.5% interest, maturing July 21, 2028.
Warrants to purchase 25.7M shares of Class B common stock at $0.7780 per share.
Financing from entities affiliated with CEO Nicholas Woodman; independent committee approved.
Board continues evaluation of strategic alternatives announced May 11, 2026.
Closing subject to waiver under existing credit agreement.

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