AcquisitionSep 1, 2026Pending
🇺🇸 United States
GGoPro, Inc.SOStarman Optical, Inc.
Technology › Hardware & Electronics
Equity value$285MEquity value
AnnouncedSep 1, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Starman Optical agreed to acquire GoPro through a merger in which GoPro shareholders receive an aggregate cash payment of $285 million, or $1.14 per share, and retain approximately 10% of the outstanding shares; GoPro's approximately $92 million of outstanding debt is to be repaid.
Deal rationale
The merger is intended to recapitalize GoPro, strengthen its balance sheet, add Starman's U.S.-made optical transceivers, and expand into AI data center, government, defense and aerospace markets.
AI-generated from the SEC filingPendingTechnology › Hardware & ElectronicsUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $285M | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash |
Advisors
Buy-side
None listed
Sell-side
HLHoulihan Lokey
Parties
Target
GGoPro, Inc.
- Headquarters
- United States
- Ticker
- GPRO
Acquirer
SOStarman Optical, Inc.
- Headquarters
- United States
- Ticker
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