GoPro issues $20M convertible debenture to Yorkville in third closing

GoPro, Inc.

Issued $20M convertible debenture to YA II PN, Ltd. (Yorkville) on Sept 8, 2026, as third closing under Feb 2026 purchase agreement.
Debenture matures Aug 26, 2027; 3% original issue discount; conversion price lower of $1.35 or 98% of 5-day VWAP, floor $0.1736.
Interest 5% on certain adjustment events, 18% on default or capped conversion; Yorkville waived closing conditions.
No further debentures issuable after this closing; initial $25M purchased at signing.

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