Follow-On Offering

Consumer
Follow-On Offering

Summary

Baird served as a co-manager on this offering.

About

GoPro, Inc. (“GoPro” or the “Company”) (NASDAQ: GPRO) recently completed a follow-on offering of 11,914,575 shares of common stock at a price of $75.00 per share, generating gross proceeds of approximately $893.6 million. GoPro offered 1,287,533 shares and certain selling stockholders offered 10,627,042 shares. The Company intends to use the net proceeds from the offering for 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 +1 (415) 627-3284
Joe Pellegrini +1 (704) 553-6612
Greg Ingram +1 (414) 298-7838
Andrew Martin +1 (704) 553-6615
Katie Melzer +1 (415) 627-3272
Vinay Ghai +44 (0) 20 7667 8225
Consumer
Follow-On Offering
Date
November 2014
Company
GoPro, Inc.
Transaction
M&A
Sectors
Consumer
Target Location
North America

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