GoPro CEO Loans Company $20M as Board Seeks Buyer

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GoPro CEO Loans Company $20M as Board Seeks Buyer

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GoPro CEO Nick Woodman is personally lending the company $20 million to keep it running while the board looks for a buyer. The company issued a going-concern warning last month, flagging it may not survive the next 12 months without new capital or a sale.

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GoPro industry news action camera acquisition

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