GoPro, Inc. Receives Nasdaq Notice Over $1.00 Minimum Bid Rule

What Happened
GoPro, Inc. announced in an 8-K filed July 24, 2026 that it received a notice from The Nasdaq Stock Market on July 21, 2026 stating the company is not in compliance with Nasdaq Listing Rule 5450(a)(1) because the minimum bid price of its Class A common stock has been below $1.00 for 30 consecutive business days. Nasdaq’s Marketplace Rule 5810(c)(3)(A) gives GoPro 180 calendar days to cure the deficiency by having its share price meet or exceed $1.00 for at least 10 consecutive business days. The notice does not have any immediate effect on the listing or trading of GPRO on the Nasdaq Global Select Market.

Key Details

• Notice received: July 21, 2026; 8-K filed: July 24, 2026.
• Rule cited: Nasdaq Listing Rule 5450(a)(1); Nasdaq Marketplace Rule 5810(c)(3)(A).
• Deficiency: minimum bid price below $1.00 for 30 consecutive business days.
• Cure period: 180 calendar days to achieve a minimum $1.00 bid for at least 10 consecutive business days.
• Immediate status: No immediate delisting or trading suspension; shares continue trading under ticker GPRO.

Why It Matters
This is a compliance issue that investors should monitor because failure to regain the $1.00 minimum bid within the 180-day cure period could lead Nasdaq to pursue further listing-delisting procedures. The company highlighted that forward-looking statements about achieving compliance involve risks and uncertainties and directed investors to its March 12, 2026 Form 10-K for a fuller discussion of risks. Investors will likely watch GoPro’s share price and any company actions or announcements during the cure period.