SAN MATEO, Calif., Oct 1, 2014 /PRNewswire/ -- GoPro, Inc.
(NASDAQ: GPRO), enabler of some of today's most immersive and
engaging content, today announced that GoPro's husband and wife
founders, Nicholas and Jill Woodman,
have provided a personal gift towards establishing a new charitable
organization, The Jill + Nicholas Woodman Foundation.
J.P. Morgan Securities LLC, the lead book-running managers of
the Company's June 2014 public sale
of 20,470,000 shares of Class A common stock, has agreed to release
the charitable organization from a lock-up restriction with respect
to the 5,821,739 shares of the Company's Class A common stock
gifted to it. Nicholas
Woodman, an officer of the Company, and Jill Woodman personally contributed the
aforementioned shares from their own holdings toward the
foundation, effective on October 3,
2014.
"We wake up every morning grateful for the opportunities life
has given us," Nicholas and Jill expressed in a joint statement.
"We hope to return the favor as best we can."
More information on the Jill + Nicholas Woodman Foundation will
be released at a later date.
This press release is not an offer for sale of the securities
in the United States or in any
jurisdiction where registration or an exemption from registration
under the United States Securities Act of 1993, as amended.
About GoPro, Inc. (NASDAQ:GPRO)
GoPro, Inc. is
transforming the way people capture, manage, share and enjoy life
experiences. By helping people self-capture immersive, engaging
photo and video content of themselves participating in their
favorite activities, we are helping the world express itself in a
powerful new way. Our customers include some of the world's most
active and passionate people. The quality and volume of their
shared GoPro content, coupled with their enthusiasm for our brand,
virally drives our business.
What began as an idea to help athletes self-document themselves
engaged in their sport has become a broader solution for people to
self-document themselves engaged in their interests, whatever they
may be. From extreme to mainstream, professional to consumer, GoPro
has enabled the world to capture and share its passions. Now the
world, in turn, is helping GoPro become one of the most exciting
and aspirational companies of our time.
For more information, visit www.gopro.com or connect with GoPro
on YouTube, Twitter,Facebook, Pinterest or LinkedIn.
GOPRO® and HERO® are trademarks or registered trademarks of
GoPro Inc. in the United States
and other countries.
SOURCE GoPro, Inc.