GoPro agrees to $285M merger with Starman Optical
GPRO GoPro Inc
$0.87 +45.82%
View chart & analysis → - 1GoPro (GPRO) agrees to $285 million recapitalization merger with optics and photonics company Starman Optical
- 2Starman to hold 90% of combined company; GoPro shareholders to receive ~$1.14 per share in cash plus ~10% equity; ~$92 million in debt to be repaid
- 3Combined company to remain public, expanding beyond consumer cameras into AI data centers, government, defense and aerospace via Starman's U.S.-made optical transceivers
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