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PRPL News and Press, Purple Innovation Inc. From 03/07/23

Stock Information

Company Name: Purple Innovation Inc.
Stock Symbol: PRPL
Market: NASDAQ
Website: purple.com

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PRPL - Purple to Report Fourth Quarter and Full Year 2022 Results on March 16, 2023

Purple to Report Fourth Quarter and Full Year 2022 Results on March 16, 2023 PR Newswire LEHI, Utah , March 7, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure&#...

PRPL - Coliseum Capital Files Lawsuit Against Purple Innovation Non-Executive Directors to Ensure Fair and Democratic Board Election

Asserts Purple’s Recently Issued Preferred Stock Violates Company’s Charter and Directors’ Fiduciary Duties; Must be Declared Invalid and Unenforceable Believes Actions Taken by Purple Special Committee are Desperate Attempt to Disenfranchise Stockholders and ...

PRPL - Purple Special Committee Takes Action to Protect Rights of All Shareholders in Face of Coliseum Capital Management's Effort to Gain Control of the Company

Issues Cumulative Voting Preferred Stock to Provide Purple Shareholders with the Ability to Obtain Proportional Representation on Company’s Board of Directors Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple" or the “Company”), a comfort innovation company known for ...

PRPL - Purple Innovation Responds to Coliseum Capital's Campaign to Replace a Majority of the Board

Believes Coliseum’s Effort to Take Control of the Company Without Paying a Suitable Premium is Not in the Best Interests of All Purple Shareholders Purple Innovation, Inc. (NASDAQ: PRPL) (the “Company” or “Purple”), a comfort innovation company known f...

PRPL - Coliseum Nominates Slate of Highly Qualified and Engaged Director Candidates for Election at Purple Innovation 2023 Annual Meeting

Will Support Re-Election of CEO Rob DeMartini to Board No Longer Pursuing September 2022 Take Private Proposal Shareholders Deserve Nimbler, More Engaged Board with Heightened Sense of Urgency and Bias for Action to Help Management Navigate Challenges Ahead Col...

PRPL - Purple Innovation: Still Not The Best Time To Buy The Dip

Summary The company plans to issue additional shares worth $60.3 million. The company's revenue continues to be under pressure due to declining real incomes of consumers. I believe that the current fundamental upside does not reflect the real risks of investing in the company's shar...

PRPL - Purple Innovations down 13%, prices upsized $60.3M offering

Comfort innovation company, Purple Innovation ( NASDAQ: PRPL ) prices public offering of 13.4M shares at $4.50 per share. Underwriters have a 30-day option period to purchase up to 2.01M additional shares. Gross proceeds are expected to be $60.3M. Closing expected on F...

PRPL - Purple Innovation stock tanks 11% on $50M stock offering

Purple Innovation ( NASDAQ: PRPL ) said Wednesday it intends to sell $50 million of its Class A common stock in an underwritten public offering. The company intends to grant the underwriters a 30-day option to purchase up to $7.5 million of its shares of Class A common stock....

PRPL - Purple Innovation stock plunges on disappointing pre-announcement

Purple Innovation Inc. ( NASDAQ: PRPL ) stock slipped on Monday after pre-announcing below consensus full-year results. The company is currently projecting net sales of approximately $574M for 2022, toward the low-end of prior guidance of $570M to $590M. The figure also comes ...

PRPL - Purple Innovation Announces Preliminary Estimated Fiscal 2022 Results in Conjunction with Presenting its New Premium Mattress Lineup at Las Vegas Market

Purple Innovation Announces Preliminary Estimated Fiscal 2022 Results in Conjunction with Presenting its New Premium Mattress Lineup at Las Vegas Market PR Newswire LEHI, Utah , Jan. 30, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple" or the...

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