The embattled action camera manufacturer issued a preliminary proxy statement regarding its proposed merger with AI-focused firm Starman Optical, urging shareholders to approve all agenda items during a yet-to-be-scheduled special meeting of stockholders. GPRO is still targeting Dec. 31 for final closure of the deal. The top item will approve the terms announced Sep. 1, namely the $285 million cash sale, which gives Starman a 90% stake while existing shareholders will retain the balance of outstanding shares. With GoPro remaining public, the remaining items address a change of control under Nasdaq ... Log in to view full article.