GPRO Meets $1 Minimum Bid Requirement; Nasdaq Compliance Restored

Rhea-AI Filing Summary

GoPro, Inc. received notice on March 25, 2025 that it was not in compliance with Nasdaq's $1.00 minimum bid price requirement. On August 5, 2025 Nasdaq notified the company that it has regained compliance after the company's stock maintained a closing bid price above $1.00 per share for at least ten consecutive trading days.

This notice confirms GoPro has met Nasdaq's criteria to cure the prior deficiency by sustaining the required market price threshold, resolving the specific noncompliance described in the report.

Positive

• Nasdaq compliance restored: Company met Nasdaq's minimum bid price requirement and regained compliance.
• Ten consecutive trading days: Stock maintained a closing bid above $1.00 per share for at least ten consecutive trading days, satisfying Nasdaq's remediation condition.

Negative

• Prior noncompliance notice: Nasdaq notified GoPro on March 25, 2025 that the company was not in compliance with the $1.00 minimum bid price requirement.

Insights

Financial Analyst

TL;DR: Regaining Nasdaq compliance removes near-term listing risk and is a positive development for shareholder liquidity and market access.

The company received a noncompliance notice on March 25, 2025 and subsequently met Nasdaq's remediation standard by holding a closing bid above $1.00 for at least ten consecutive trading days, per the August 5, 2025 notice. This outcome eliminates the immediate threat of delisting tied to minimum bid price rules and preserves normal trading on the NASDAQ Global Select Market. The event is procedural and tied solely to share price performance; no changes to operations, capital structure, or financial statements are disclosed in the filing.

Corporate Governance Expert

TL;DR: Compliance restoration addresses the technical listing deficiency but highlights a prior period of weak share price performance.

The filing documents the regulatory mechanics: Nasdaq notified GoPro of noncompliance and later confirmed the company satisfied the minimum bid requirement by the specified ten-day closing bid test. While this resolves the cited listing deficiency, the underlying cause—share price weakness sufficient to trigger the March 25 notice—is noted in the record and remains a governance and market-perception consideration for stakeholders. The disclosure contains no additional changes to governance, management, or capital policies.

8-K0001500435FALSEDelaware001-3651477-062947400015004352025-04-242025-04-24

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 5, 2025

GOPRO, INC.

(Exact name of registrant as specified in its charter)

Delaware			001-36514			77-0629474
(State or Other Jurisdiction of Incorporation)			(Commission File No.)			(I.R.S. Employer Identification No.)

3025 Clearview Way, San Mateo, CA 94402

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (650) 332-7600

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Class A common stock, par value $0.0001			GPRO			NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events

As previously disclosed, on March 25, 2025, GoPro, Inc. (the “Company”) received notice from The Nasdaq Stock Market (“Nasdaq”) indicating that the Company was not in compliance with the minimum bid price requirement of $1.00 per share under the Nasdaq Listing Rules. On August 5, 2025, the Company received notice from Nasdaq that it has regained compliance with the minimum bid price requirement under the Nasdaq Listing Rules. The Company’s stock price has maintained a closing bid price above $1.00 per share for at least ten consecutive trading days, thereby meeting Nasdaq’s requirements for regaining compliance.

Exhibit Number			Description of Document
104			Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

						GoPro, Inc.
						(Registrant)
Dated:			August 6, 2025			By: /s/ Brian McGee
						Brian McGee Chief Financial Officer and Chief Operating Officer (Principal Financial Officer)

FAQ

What did GoPro (GPRO) report in this 8-K?

The company reported that it regained compliance with Nasdaq's $1.00 minimum bid price requirement after meeting Nasdaq's closing bid test.

When did Nasdaq notify GoPro that it regained compliance?

Nasdaq notified GoPro on August 5, 2025 that the company had regained compliance with the minimum bid price requirement.

What triggered the original Nasdaq noncompliance notice to GoPro?

Nasdaq issued a noncompliance notice on March 25, 2025 because the company's share price failed to meet the $1.00 minimum bid requirement.

How did GoPro satisfy Nasdaq's remediation requirements?

GoPro's stock maintained a closing bid price above $1.00 per share for at least ten consecutive trading days, which meets Nasdaq's stated criteria.

Does the filing disclose any changes to GoPro's operations or financials?

No. The filing addresses only Nasdaq listing compliance and does not disclose operational or financial statement changes.