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GoPro, Inc. has signed an important deal to borrow $20 million from Yorkville.

MarketRead the original at sec.gov
Neutral

GoPro raised $20,000,000 via a convertible debenture and earlier sold $25,000,000 under the same agreement, giving cash now but creating potential future share issuance.

GPRO · GoPro, Inc.

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GoPro filed that it raised $20,000,000 via a convertible debenture from Yorkville while earlier selling $25,000,000 under the same deal. The filing shows both immediate cash and possible future share issuance, so it does not change the company's outlook.

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