GoPro goes to extreme lengths to raise $100m?

Up to $800m (£505m) in shares in GoPro, the wearable camera loved by extreme sports afficionados, will be coming to market in a secondary offer­ing. It plans to raise $100m in new capital, plus give some existing investors the chance to sell shares following June’s $491m initial public offering (IPO). Chief executive Nick Woodman announced he would be selling some of his shares, but said he planned to remain a “significant shareholder”.

Related articles