GoPro announced a definitive merger with Starman Optical, a private photonics company, to expand into AI data center and defense markets. Shareholders will receive $285 million in cash ($1.14 per share), and GoPro will remain listed on Nasdaq, with $92 million in debt repaid at closing. The stock rose 40% on the news, and the company will continue supporting existing consumer products and subscription platforms.
45 other tracked developments touching the same claims.