GoPro files proxy for merger with Starman Optical, restates financials due to accounting errors.

GoPro has filed a preliminary proxy statement with the SEC to advance its proposed merger with Starman Optical, reaffirming both companies' commitment to complete the deal on previously announced terms. Additionally, GoPro restated certain financial statements due to non-cash accounting errors related to warrants and convertible debentures, which did not affect revenue or cash flow. The company has secured waivers for defaults caused by these restatements under its credit facilities. Investors are advised to review the detailed SEC filings for more information on the merger and financial restatements.

GoPro shares rose 12.38% to USD 1.18 on Pluang as of Oct 19, 2026 20:31 WIB. The stock's market cap stands at $216.67M with a 52-week range between $0.58 and $2.31. Trading volume was 11,723,247, reflecting active investor interest during merger discussions.