GoPro, Inc. — Form SCHEDULE 13D
Filed September 9, 2026 · analyzed by the Ownership Agent
SCHEDULE 13D
▼ Likely negative
significance 72/100
What the filing says
GoPro issued $20M in aggregate principal amount of senior secured notes (third priority lien) and warrants for 25.7M Class B shares to two buyers: Terrapin Trust ($5M notes, 6.4M warrants) and Woodman Family Trust ($15M notes, 19.3M warrants). Effective July 1, 2026, with proceeds used to pay supplier payables. Warrants exercise price $0.7280/share, exercisable from Jan 2027 or upon Change of Control announcement through July 2029.
Why this rating
Significant dilution risk ($20M = 20% of $99.5M market cap) and third-priority secured debt burden. Heavy warrant issuance (25.7M shares, ~13.5% dilution at current cap structure) creates shareholder dilution. However, addresses immediate liquidity need and extends runway.
Tradability signal
NO TRADE
No trade: only ~$0k traded in the last 30 min — too illiquid to enter and exit.
Derived from this site's own measured outcomes + live price/liquidity at analysis time. An experiment, not investment advice.
Price action (we called it negative)
before filing · preread $1.40 ▼ 1.06% | at our read · unknown $1.42 | +10 min · unknown $1.42 ▲ 0.00% | +30 min · unknown $1.42 ▲ 0.00% | +1 hr pending | +4 hrs pending |
The stock had already moved +1.07% between hitting EDGAR and our read finishing — deltas above are measured from our read.
Quotes via Yahoo Finance at capture time; sessions other than regular hours are labeled. Not investment advice. How accurate are our calls? →
See more from September 9, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.