secwatch.observer — SEC 8-K summary
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Issuer:     GoPro, Inc. (GPRO)
CIK:        0001500435
Form:       8-K
Filed at:   2026-09-08T12:40:05+00:00
Accession:  0001500435-26-000040
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500435/000150043526000040/0001500435-26-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500435/000150043526000040/gpro-20260908.htm
  HTML page:      https://secwatch.observer/filing/0001500435-26-000040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer