Initial Public Offering

Consumer
Initial Public Offering

Summary

Baird served as a co-manager on this offering.

About

GoPro, Inc. (“GoPro” or the “Company”) (NASDAQ: GPRO) recently completed an initial public offering of 20,470,000 shares of its common stock at a price of $24.00 per share, generating gross proceeds of approximately $491.3 million. GoPro offered 10,235,000 shares and certain selling stockholders offered 10,235,000 shares. The Company intends to use the net proceeds from the offering to repay debt, pursue select acquisitions, and for working capital and general corporate purposes.

GoPro is an aspirational capture device company producing and selling versatile cameras for consumers, professional athletes and video production professionals. GoPro was founded in 2004 to address the limitations of traditional cameras. The Company develops hardware and software solutions to alleviate consumer pain-points in capturing, managing, sharing and enjoying content. GoPro’s capture devices, which include cameras and mountable and wearable accessories, enable professional quality capture and exceptional versatility at affordable prices. GoPro is headquartered in San Mateo, California.

For additional information about this transaction, please contact:

Michael Horwitz (415) 627-3284
Joe Pellegrini (704) 553-6612
Greg Ingram (414) 298-7838
Andrew Martin (704) 553-6615
Katie Melzer (415) 627-3272
Vinay Ghai +44 (0) 20 7667 8225
Consumer
Initial Public Offering
Date
June 2014
Company
GoPro, Inc.
Transaction
M&A
Sectors
Consumer
Target Location
North America

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