GoPro, Inc. entered into an Agreement and Plan of Merger with Action Acquisitions LLC and its subsidiary Starman Optical, Inc., on September 1, 2026. Under the terms, GoPro shareholders will receive $1.14 in cash and 0.1 shares of the surviving corporation's common stock for each share held. The Board unanimously approved the transaction and recommends adoption by stockholders. Closing is subject to stockholder approval, HSR waiting period expiration, and other customary conditions. Parent has secured funding from Midtown Equities LLC. GoPro operates in the consumer electronics industry, manufacturing wearable cameras and action camcorders.
