Purple Innovation, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $12.7M
- Price
- $2.91
- % Change (Daily % change from the live per-ticker quote feed.)
- +3.56%
- Volume
- 4.9K
About
Purple Innovation, Inc. designs, manufactures, and sells sleep and other products in the United States and internationally. It offers mattresses, pillows, sheets, foundations, waterproof mattress protectors, bases, and seat cushions, as well as blankets and duvets. The company markets and sells its products through its direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, third-party online retailers, and Purple showrooms. The company was founded in 2010 and is headquartered in Lehi, Utah.
Quick stats
Shares outstanding4.4M
Computed float2.3M
Float / shares52.1%
Key info
SectorConsumer Cyclical
IndustryFurnishings, Fixtures & Appliances
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001643953
Websitehttps://purple.com
AI Summary
AI-generated1/23
majorbearishdelisting
PRPL: 8-K · delisting
Purple Innovation received a Nasdaq notification on September 30, 2026 that its Market Value of Publicly Held Shares fell below the $15 million minimum for the Nasdaq Global Select Market for 30 consecutive business days.
The company has 180 days, until March 29, 2026, to regain compliance by closing at or above $15 million MVPHS for ten consecutive business days; trading is unaffected for now.
Failure to cure would trigger a delisting notice, though Purple could appeal to a hearings panel or seek a transfer to the Nasdaq Capital Market if it meets that tier's requirements.
Red flags
- Nasdaq MVPHS noncompliance — delisting risk if not cured by March 29, 2026
- Sub-$15M public float signals depressed market capitalization and potential capital-raising pressure