GoPro Files Preliminary Proxy Statement; Proposed Merger with Starman Optical on Track
PR Newswire•19/10/2026•09:21 ET
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Key Highlights
- ➤GoPro (GPRO) filed a preliminary proxy statement for its proposed Starman Optical merger.
- ➤GoPro and Starman reaffirmed commitment to completing the merger on previously announced terms.
- ➤GoPro restated financial statements for warrant and derivative accounting errors.
- ➤Restatement involved non-cash adjustments and did not affect reported revenue or operating cash flows.
- ➤GoPro obtained waivers after the restatement triggered defaults under its financing agreements.
Expert Statements
Nicholas Woodman, Founder and CEO of GoPro
“Filing the preliminary proxy is the next step toward closing, and we're working closely with Starman to complete the remaining steps efficiently.”
Charles Tebele, Chief Executive Officer of Starman Holding
“Both companies and management teams remain fully aligned and committed to completing the proposed transaction on the previously announced terms as quickly as possible.”
Charles Tebele, Chief Executive Officer of Starman Holding
“Today's proxy statement is another signal that we are on track.”
GoPro Files Preliminary Proxy Statement; Proposed Merger with Starman Optical on Track PR Newswire
Companies reaffirm commitment to completing the proposed merger on previously announced terms
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