GoPro, Inc. (NASDAQ: GPRO) flagged for Nasdaq $1 bid rule
Rhea-AI Filing Summary
GoPro, Inc. received a notice from The Nasdaq Stock Market on July 21, 2026 that its Class A common stock is not in compliance with Nasdaq’s Listing Rule 5450(a)(1), because the stock’s minimum bid price has been below $1.00 per share for 30 consecutive business days.
Under Nasdaq Marketplace Rule 5810(c)(3)(A), GoPro has 180 calendar days to regain compliance by having its common stock trade at or above $1.00 per share for at least 10 consecutive business days during this grace period. The notice has no immediate effect on the listing or trading of GoPro’s Class A common stock on the Nasdaq Global Select Market under the symbol GPRO, and the company includes forward-looking statements about efforts to regain compliance and factors that could affect its share price.
Positive
- None.
Negative
- GoPro received a Nasdaq non-compliance notice after its Class A stock traded below $1.00 for 30 consecutive business days, creating delisting risk if it cannot meet the 180-day cure and 10-day compliance requirements.
8-K Event Classification
2 items: 3.01, 9.01
2 items
Item 3.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Securities
The company received a delisting notice or transferred its listing to a different exchange.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Nasdaq minimum bid price: $1.00 per share
Non-compliance period: 30 consecutive business days
Grace period to regain compliance: 180 calendar days
+1 more
4 metrics
Nasdaq minimum bid price
$1.00 per share
Minimum bid price required by Nasdaq Listing Rule 5450(a)(1) for GoPro’s Class A common stock
Non-compliance period
30 consecutive business days
Length of time GoPro’s Class A stock traded below $1.00 before Nasdaq’s non-compliance notice
Grace period to regain compliance
180 calendar days
Time allowed under Nasdaq Marketplace Rule 5810(c)(3)(A) to restore minimum bid compliance
Required compliance window
10 consecutive business days
Period during which GoPro’s stock must meet or exceed $1.00 to regain compliance
Key Terms
Nasdaq’s Listing Rule 5450(a)(1), Nasdaq Marketplace Rule 5810(c)(3)(A), minimum bid price requirement, Nasdaq Global Select Market, +1 more
5 terms
Nasdaq’s Listing Rule 5450(a)(1) regulatory
"not in compliance with Nasdaq’s Listing Rule 5450(a)(1)"
Nasdaq Marketplace Rule 5810(c)(3)(A) regulatory
"Pursuant to Nasdaq Marketplace Rule 5810(c)(3)(A), the Company has 180"
minimum bid price requirement regulatory
"To regain compliance, the minimum bid price of the Company’s common stock"
A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.
Nasdaq Global Select Market market
"trading of the Company’s Class A Common Stock on the Nasdaq Global Select Market"
A Nasdaq Global Select Market listing is the highest tier of stocks on the Nasdaq exchange, reserved for companies that meet the strictest financial, reporting and governance standards. For investors, it acts like a premium quality label—signaling larger, more transparent and better-governed companies that tend to offer greater liquidity and lower perceived risk compared with lower-tier listings, making it easier to buy, sell and evaluate shares.
Private Securities Litigation Reform Act of 1995 regulatory
"forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Nasdaq notify GoPro (GPRO) about on July 21, 2026?
Nasdaq notified GoPro that its Class A common stock is not in compliance with Listing Rule 5450(a)(1) because the stock’s minimum bid price stayed below $1.00 per share for 30 consecutive business days.
How long does GoPro (GPRO) have to regain Nasdaq minimum bid compliance?
GoPro has 180 calendar days to regain compliance under Nasdaq Marketplace Rule 5810(c)(3)(A). During this grace period, it must meet Nasdaq’s minimum bid price requirement to avoid potential delisting actions.
What must GoPro (GPRO) do to regain compliance with Nasdaq’s $1.00 bid rule?
To regain compliance, GoPro’s Class A common stock must have a minimum bid price of at least $1.00 per share for 10 consecutive business days within the 180-day grace period specified by Nasdaq’s rules.
Does the Nasdaq notice immediately affect GoPro (GPRO) stock’s listing or trading?
The notice has no immediate effect on the listing or trading of GoPro’s Class A common stock. Shares continue to trade on the Nasdaq Global Select Market under the symbol GPRO during the 180-day compliance period.
Which Nasdaq rules are cited in GoPro (GPRO)’s non-compliance notice?
The notice cites Nasdaq’s Listing Rule 5450(a)(1), which sets the $1.00 minimum bid price, and Nasdaq Marketplace Rule 5810(c)(3)(A), which provides a 180-day period for GoPro to regain compliance.
What risks does GoPro (GPRO) reference regarding regaining Nasdaq compliance?
GoPro includes forward-looking statements noting significant risks and uncertainties around its ability to regain compliance, and that future events affecting the share price of its Class A common stock could differ from current expectations.
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): July 21, 2026
(Exact name of registrant as specified in its charter)
(State or Other Jurisdiction of Incorporation) | (Commission File No.) | (I.R.S. Employer Identification No.) | ||||||
(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:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
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 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On July 21, 2026, GoPro, Inc. (the “Company”) received a notice from The Nasdaq Stock Market (“Nasdaq”) that the Company is not in compliance with Nasdaq’s Listing Rule 5450(a)(1), as the minimum bid price of the Company’s Class A Common Stock has been below $1.00 per share for thirty (30) consecutive business days. Pursuant to Nasdaq Marketplace Rule 5810(c)(3)(A), the Company has 180 calendar days to achieve compliance with the minimum bid price requirement. To regain compliance, the minimum bid price of the Company’s common stock must meet or exceed $1.00 per share for a minimum of ten (10) consecutive business days during this 180 calendar day grace period.
This notification of noncompliance has no immediate effect on the listing or trading of the Company’s Class A Common Stock on the Nasdaq Global Select Market under the symbol “GPRO”.
Note on Forward-looking Statements
This Current Report on Form 8-K may contain projections or other forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this Current Report on Form 8-K include, but are not limited to, statements relating to the process for the Company to achieve compliance with Nasdaq’s minimum bid price for the Company’s Class A Common Stock. These forward-looking statements are based on Nasdaq’s current rules and the Company’s current expectations and inherently involve significant risks and uncertainties involving the performance of the Company. The Company’s actual ability to achieve compliance with the Nasdaq minimum bid price, and the impact of future events affecting the share price of the Company’s Class A Common Stock, could differ materially from those anticipated in such forward-looking statements. A further description of the risks and uncertainties relating to the business of the Company is contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (the “SEC”) on March 12, 2026, and the Company’s periodic reports filed with the SEC. The Company undertakes no duty or obligation to update any forward-looking statements contained herein as a result of new information, future events or changes in its expectations.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
Exhibit No. | Description | ||||
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, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| GoPro, Inc. | ||||||||
| (Registrant) | ||||||||
| Dated: | July 24, 2026 | By: /s/ Brian Tratt | ||||||
Brian Tratt Chief Financial Officer (Principal Financial Officer) | ||||||||