GoPro (GPRO) Stock Surges 37% After Merger Agreement With Action Acquisitions

TLDR

• GoPro entered a merger agreement with Action Acquisitions LLC on September 1, 2026, valuing the deal at $285 million or $1.14 per share in cash plus stock.
• Starman Optical, a photonics company and subsidiary of Action Acquisitions, plans to pivot GoPro into data centers, defense tech, and AI infrastructure.
• GoPro stock surged around 50% on the day of the announcement and is up nearly 100% over the past week.
• YouTuber Markiplier disclosed an 8.5% stake in GoPro one day before the deal was announced.
• The deal, which needs shareholder and regulatory approval, includes a $10 million termination fee and is expected to close by end of 2026.

GoPro stock jumped sharply after the company announced a merger agreement with Action Acquisitions LLC on September 1, 2026. The stock was up 37% and had surged as high as 50% during the session, trading around $1.21 per share.

GoPro, Inc., GPRO

Under the deal, Starman Optical, a photonics company and subsidiary of Action Acquisitions, will merge into GoPro. GoPro will then become a subsidiary of Action Acquisitions. Each existing share will be converted into a mix of stock in the surviving corporation plus $1.14 in cash.

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