Wall St Engine(@wallstengine):$GPRO TO MERGE WITH STARMAN OPTICAL GoPro has agreed to merge with optical-photonics company Starman Optical in a $285M recapitalization deal. GoPro shareholders will receive about $1.14/share in cash and retain roughly 10% of the combined company. ~$92M of GoPro debt will be repaid at closing. The combined company will remain publicly listed on Nasdaq and plans to expand beyond consumer cameras into AI data-center infrastructure, government, defense and aerospace using Starman’s U.S.-made optical transceivers.

2026.09.01 13:24

$GPRO TO MERGE WITH STARMAN OPTICAL GoPro has agreed to merge with optical-photonics company Starman Optical in a $285M recapitalization deal. GoPro shareholders will receive about $1.14/share in cash and retain roughly 10% of the combined company. ~$92M of GoPro debt will be repaid at closing. The combined company will remain publicly listed on Nasdaq and plans to expand beyond consumer cameras into AI data-center infrastructure, government, defense and aerospace using Starman’s U.S.-made optical transceivers.