GoPro, Inc. (GPRO)

[mick]

DISCLAIMER ????? THE COMPANY NEVER MFG'D PRODUCT/ REPEAT/ pretty accurate /no change/ 2016/ GoPro Assumes No Liability For Any Accident, Injury, Death, Loss,

how about disclaimer/ ????? /

Warranty Information - GoPro Official Website - Capture ...
gopro.com/support/articles/warranty-information Cached
GoPro assumes no liability for any accident, injury, death, loss, or other claim related to or resulting from the use of this product. ... © 2015 GoPro, Inc.



https://finance.search.yahoo.com/search;_ylt=AwrTWVUr4cNUjV4AEqqTmYlQ;_ylc=X1MDMTM1MTE5NTAyNwRfcgMyBGJjawNhYjRlczloYWJpYXExJTI2YiUzRDQlMjZkJTNEc0lDNmxURnBZRUxvVTMyREpmVVBYWVVPZ3Zyd3ZKTkJQWElESXctLSUyNnMlM0RkaiUyNmklM0RLZ2JJb0ZaWjhCNnB3Uzh1aGtGVQRmcgN1aDNfZmluYW5jZV92ZXJ0X2dzBGdwcmlkA2lRNXpNLjQuUWIydEp4YlhmZGhDaEEEbXRlc3RpZANudWxsBG5fcnNsdAMxMQRuX3N1Z2cDMARvcmlnaW4DZmluYW5jZS5zZWFyY2gueWFob28uY29tBHBvcwMwBHBxc3RyAwRwcXN0cmwDBHFzdHJsAzM3BHF1ZXJ5A2NhbiBHb1BybywgSW5jLiBoZWxtZXQgaW5qdXJ5ICBvdGhlcnMEdF9zdG1wAzE0MjIxMjM0MTM3NTUEdnRlc3RpZANudWxs?gprid=iQ5zM.4.Qb2tJxbXfdhChA&pvid=kPXGFTIwNi6lkdxMVLkrQQivNjcuMVTD4Sv_mQhY&p=can+GoPro%2C+Inc.+helmet+injury++others&fr2=sb-top-finance.search.yahoo.com&fr=uh3_finance_vert_gs&type=2button

'GoPro, Inc. (GPRO)'

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PLUS AAPL 01-13-2015/ COMPETITOR POLAROID $99 CUBE CAMERA/01-02-2015/NEW LOCKUP DATE/Feb. 17, 2015/ ALARM BELLS?????/ 90% of Capital Raised by Sr. Woodman?????/ i didn't know about Feb. 17, 2015 , was this created by early sell before lockup date 12-23-14?????

'GoPro, Inc. (GPRO)'
re;
By Maureen Farrell

GoPro Inc.'s founder and chief executive, Nick Woodman, got 90% of his startup capital from his father Dean, a retired managing director at ING Barings LLC, according to the elder Mr. Woodman's LinkedIn profile.

As of Tuesday, Dean Woodman will have the opportunity to cash out his 7.2 million shares, valued at roughly $414 million based on GoPro's closing price Monday. His shares amount to nearly half of the 15.2 million shares eligible for sale Tuesday.

It's unclear whether or not Dean Woodman or the other eligible shareholders will sell. Mr. Woodman could not be reached for comment.

GoPro's stock is up 138% since its June IPO at $24 per share, but down 41% from its intraday high of $98.43 hit on Oct. 7.

Initially, many more shares were eligible for sale on Tuesday, but GoPro pushed back the lock up period for many shareholders until mid-February by assembling an $800 million secondary offering in November.

Under the terms of the November share sale, the investors that unloaded stock then had to agree to a new lockup that would restrict them from selling their shares for another 90 days.

Among the sellers in November: the younger Mr. Woodman.

Lockups--and the dates that they expire--are usually among the most-widely watched features of IPOs.

The agreements, typically between banks that underwrite a new share sale and a company's pre-IPO shareholders, prevent those holders from selling for a certain amount of time after an offering.

But this time, most analysts expect the expiration of the lockup to be a non-event for the company.

It's unlikely that the elder Mr. Woodman will flood the market with all his shares, and a smaller sale by him won't set off too many alarm bells, said Charlie Anderson, an analyst at Dougherty & Co.

"I'm pretty sure that people care a lot more about how many cameras GoPro is selling than whether Nick Woodman's dad is selling," said Mr. Anderson.

Feb. 17, 2015 will now be the day that analysts and investors will watch much more closely, as the lock up on 76.1 million shares of GoPro will expire then.

Mr. Anderson, who has a neutral rating on the stock, said he's looking to see whether GoPro can sell its cameras beyond U.S. borders. The company needs a global sales footprint to sustain its valuation longer-term, he said.


(END) Dow Jones Newswires

December 22, 2014 16:47 ET (21:47 GMT)

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