Markiplier opposes GoPro-Starman merger despite potential $15 million payout

  • Markiplier said he would vote against GoPro's proposed merger with Starman Optical.
  • $1.38 was GoPro's Friday share price, down 0.71% at publication.
  • GoPro disclosed a $20 million Yorkville convertible debenture under a $50 million financing arrangement.

GoPro shares were trading at $1.38 on Friday, down 0.71%, as a 120% monthly rally linked to Markiplier's investment and a short squeeze began to consolidate. An August 31 Schedule 13G filing disclosed that YouTube creator Mark "Markiplier" Fischbach owned 13.5 million Class A shares, or an 8.5% passive stake, making him GoPro's largest individual shareholder. GoPro announced a definitive $285 million merger with Starman Optical on September 1, 2026. The transaction would pay stockholders $1.14 per share in cash, leave them with a 10% stake in the combined optical-photonics enterprise and retire $92 million of debt at closing. GoPro also disclosed on September 8 that it issued Yorkville a $20 million convertible debenture under a $50 million financing arrangement. Fischbach has said he would vote against the merger and worries GoPro could move away from cameras, although founder and CEO Nick Woodman held about 62% of the voting power as of May. GoPro says cameras remain part of its investment plans.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.