---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-047943"
form_type: "8-K"
ticker: "GPRO"
cik: "0001500435"
company_name: "GoPro, Inc."
filed_at: "2026-07-13T12:31:10+00:00"
generated_at: "2026-07-13T12:35:10.130058+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# GoPro closes $20M senior secured notes to CEO affiliate; credit terms tightened

## Summary
- Issued $20M senior secured notes and warrants for 25.7M Class B shares to entities affiliated with CEO Nicholas Woodman.
- Wells Fargo amendment raises revolving loan interest by 1.00% to base+3.50% or SOFR+4.50%.
- Weekly repayments of $250K begin Oct 9, 2026, rising to $1M from Nov 6, 2026 until Jan 1, 2027.
- Restructuring fee of $5M payable on bankruptcy events; success fee of $1M due 181 days after closing.
- Farallon amendment permits the transactions and grants waivers under the term loan credit agreement.

## SEC filing metadata
- accession: 0001628280-26-047943
- form_type: 8-K
- ticker: GPRO
- cik: 0001500435
- company_name: GoPro, Inc.
- filed_at: 2026-07-13T12:31:10+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500435/000162828026047943/0001628280-26-047943-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500435/000162828026047943/gpro-20260709.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-047943
- JSON: https://secwatch.observer/filing/0001628280-26-047943.json
- Plain text: https://secwatch.observer/filing/0001628280-26-047943.txt

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