UPDATE: GoPro Confirms Pricing of 17.8M Shares at $24/Share
GoPro, Inc. (NASDAQ: GPRO)
today announced the pricing of its initial public offering of 17,800,000
shares of its Class A common stock at a price to the public of $24.00 per
share. GoPro is offering 8,900,000 shares and certain selling stockholders
are offering 8,900,000 shares. In addition, certain of the selling
stockholders have granted the underwriters a 30-day option to purchase up to
an additional 2,670,000 shares of Class A common stock. The shares are
expected to begin trading on the NASDAQ Global Select Market on June 26, 2014,
under the symbol "GPRO."
J.P. Morgan, Citigroup, and Barclays are acting as lead joint book-running
managers for the offering. Allen & Company, Stifel, Baird, MCS Capital
Markets, Piper Jaffray, and Raymond James are acting as co-managers for the
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