{"filing":{"accession_number":"0001500435-26-000028","cik":"0001500435","ticker":"GPRO","company_name":"GoPro, Inc.","form":"8-K","filing_date":"2026-07-08","report_date":null,"primary_document":"gpro-20260701.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1500435/000150043526000028/gpro-20260701.htm"},"events":[{"id":17174,"run_id":15361,"accession_number":"0001500435-26-000028","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.9,"summary":"GoPro entered into a securities purchase agreement on July 1, 2026, to issue $20 million in aggregate principal amount of senior secured notes at 6.50% interest maturing July 21, 2028, along with warrants to purchase 25,706,940 shares of Class B common stock to entities affiliated with founder and CEO Nicholas Woodman. The transaction creates a significant new direct financial obligation for the company.","company_name":"GoPro, Inc.","ticker":"GPRO","filing_date":"2026-07-08","form":"8-K","submitted_at":null,"items":[{"id":15524,"accession_number":"0001500435-26-000028","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"GoPro entered into a securities purchase agreement on July 1, 2026, to issue $20 million in aggregate principal amount of senior secured notes and warrants to purchase 25,706,940 shares of Class B common stock. While the transaction involves both debt and equity components, the primary disclosed event is the creation of a new direct financial obligation—the senior secured notes with a 6.50% interest rate maturing July 21, 2028. The warrants are ancillary equity instruments tied to the financing. This is a material debt issuance that creates a significant new obligation for the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T13:01:05.132731+00:00","company_name":"","ticker":null,"filing_date":""},{"id":15525,"accession_number":"0001500435-26-000028","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"GoPro is disclosing an unregistered sale of equity securities under Item 3.02, specifically $20 million in senior secured notes and warrants to purchase Class B common stock issued to entities affiliated with founder and CEO Nicholas Woodman. The warrants represent a dilutive equity component, and the filing explicitly states the issuance is exempt from registration under Section 4(a)(2) of the Securities Act, characteristic of a private placement. This is material as it affects shareholder dilution and the company's capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T13:01:05.132731+00:00","company_name":"","ticker":null,"filing_date":""},{"id":15526,"accession_number":"0001500435-26-000028","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"GoPro announced entry into a Purchase Agreement for $20 million in senior secured notes and warrants issued by founder and CEO Nicholas Woodman. This constitutes creation of a new direct financial obligation (debt issuance) under Item 2.03 framework. While the financing is from a related party and includes equity warrants, the core event is the issuance of debt securities. The materiality is high given the $20 million principal amount and the company's apparent liquidity needs (evidenced by the strategic alternatives review mentioned in the press release).","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T13:01:05.132731+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":15524,"accession_number":"0001500435-26-000028","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"GoPro entered into a securities purchase agreement on July 1, 2026, to issue $20 million in aggregate principal amount of senior secured notes and warrants to purchase 25,706,940 shares of Class B common stock. While the transaction involves both debt and equity components, the primary disclosed event is the creation of a new direct financial obligation—the senior secured notes with a 6.50% interest rate maturing July 21, 2028. The warrants are ancillary equity instruments tied to the financing. This is a material debt issuance that creates a significant new obligation for the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T13:01:05.132731+00:00","company_name":"GoPro, Inc.","ticker":"GPRO","filing_date":"2026-07-08"},{"id":15525,"accession_number":"0001500435-26-000028","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"GoPro is disclosing an unregistered sale of equity securities under Item 3.02, specifically $20 million in senior secured notes and warrants to purchase Class B common stock issued to entities affiliated with founder and CEO Nicholas Woodman. The warrants represent a dilutive equity component, and the filing explicitly states the issuance is exempt from registration under Section 4(a)(2) of the Securities Act, characteristic of a private placement. This is material as it affects shareholder dilution and the company's capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T13:01:05.132731+00:00","company_name":"GoPro, Inc.","ticker":"GPRO","filing_date":"2026-07-08"},{"id":15526,"accession_number":"0001500435-26-000028","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"GoPro announced entry into a Purchase Agreement for $20 million in senior secured notes and warrants issued by founder and CEO Nicholas Woodman. This constitutes creation of a new direct financial obligation (debt issuance) under Item 2.03 framework. While the financing is from a related party and includes equity warrants, the core event is the issuance of debt securities. The materiality is high given the $20 million principal amount and the company's apparent liquidity needs (evidenced by the strategic alternatives review mentioned in the press release).","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T13:01:05.132731+00:00","company_name":"GoPro, Inc.","ticker":"GPRO","filing_date":"2026-07-08"}]}
