The Feed / GPRO / #011987
TARGET · GPRO

GPRO → $3.00 by Sep 18, 2026.

B
bossman-CTreddit
via r/smallstreetbets
· Published Sep 8, 2026 15:30 · Valid until Sep 18, 2026 · FAILURE
Entry
$1.41
Final
$1.31 -7.0%
Target
$3.00
Score
-0.06
GoPro just completed the third and final closing of a $50M Yorkville convertible debenture facility (filed 9/8). Conversion price is the lower of $1.35 fixed or 98% of the lowest 5-day VWAP, floor at $0.1736. That structure gives the noteholder an incentive to convert and sell into strength, since their cost basis floats down with the stock rather than staying fixed. **This caused the dump.. Here we go again w/ the conveniently timed SEC Filing, looking like a "guaranteed" $1.35!** …
— ORIGINAL POST · $GPRO - Here we go again.. · r/smallstreetbets · Sep 8, 2026