secwatch.observer — SEC 8-K summary
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Issuer:     GoPro, Inc. (GPRO)
CIK:        0001500435
Form:       8-K
Filed at:   2026-09-02T21:05:24+00:00
Accession:  0001628280-26-060181
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GoPro to be acquired by Action Acquisitions: $1.14 cash + 0.1 share per GPRO share
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- Each GoPro common share converts to 0.1 share of surviving company stock plus $1.14 cash, subject to working capital adjustment.
- Board unanimously approved; merger expected to close by Dec 31, 2026, subject to stockholder approval and HSR clearance.
- Unvested RSUs/PSUs assumed; vesting accelerates on termination without cause after closing.
- Termination fee of $10M payable by GoPro in specified circumstances; Midtown Equities LLC committed equity funding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500435/000162828026060181/0001628280-26-060181-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500435/000162828026060181/gpro-20260901.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-060181

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