GoPro registers warrant resale covering 11 million shares

GoPro Inc. (NASDAQ: GPRO) filed a prospectus for the resale of warrants to purchase up to 11,076,968 shares of Class A common stock by a selling stockholder.

The warrants were issued to the selling stockholder under a Second Lien Credit Agreement dated August 4, 2025, involving GoPro, certain subsidiaries as guarantors, Mateo Financing LLC as lender, and Farallon Capital Management LLC as administrative and collateral agent.

The warrants are immediately exercisable at $1.25 per share and remain valid for ten years from the issuance date. The prospectus also covers the resale of up to 11,076,968 shares of common stock that may be issued upon exercise of the warrants.

The registration allows the selling stockholder or its permitted transferees to resell the warrants and any shares obtained through warrant exercise in the public market.

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