GoPro Hit with Nasdaq Delisting Notice After Stock Sinks Below $1 for 30 Days
GPRO is trading near its 52-week low of $0.59 (14% above the low).
Summary
GoPro received a Nasdaq delisting notice on July 21, 2026, after its stock traded below $1.00 for 30 consecutive business days. With 180 days to regain compliance, the notice intensifies the urgency of its ongoing strategic review and survival efforts.
Key Events · Legal and Risk Events · GPRO
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Nasdaq Delisting Notice Received
On July 21, 2026, Nasdaq notified GoPro that its Class A common stock had closed below $1.00 for 30 consecutive business days, violating Listing Rule 5450(a)(1).
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180-Day Grace Period to Regain Compliance
GoPro has until January 17, 2027, to achieve a closing bid price of at least $1.00 for 10 consecutive business days. Failure could result in delisting from the Nasdaq Global Select Market.
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Immediate Listing Unaffected
The notice has no immediate impact on trading; GPRO continues to trade on Nasdaq under its current symbol during the grace period.
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Deepening Financial Distress Context
This delisting notice follows a going concern warning, a 120-million-share resale registration, a $20 million secured financing from the CEO, and an ongoing strategic review for a potential sale — all within the past 90 days.
Analysis · GPRO · Industrial Applications And Services
Nasdaq has formally notified GoPro that its stock price has fallen below the $1.00 minimum bid requirement for 30 consecutive business days, triggering a delisting process. The company now has 180 calendar days to regain compliance by trading at or above $1.00 for at least 10 consecutive business days. This development arrives amid severe financial distress — a going concern warning, a strategic review for a potential sale, and heavy dilution from convertible debentures and resale registrations. The delisting notice adds immediate pressure and could accelerate a reverse stock split or other desperate measures to maintain the Nasdaq listing, which is critical for institutional ownership and liquidity.
At the time of this filing, GPRO was trading at $0.67 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $117.4M. The 52-week trading range was $0.59 to $3.05. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.