Purple Innovation (PRPL) prices 13.4 million share offering at $4.50
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Purple Innovation, Inc. Announces Pricing of Upsized Public Offering of Class A Common Stock
February 8, 2023 10:59 PM ESTLEHI, Utah, Feb. 8, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple" or the "Company"), a comfort innovation company known for creating the "World's First No Pressure® Mattress," today announced the pricing of an underwritten public offering by the Company of 13,400,000 shares of its Class A common stock, at a public offering price of $4.50 per share, before underwriting discounts and commissions. The underwriters have a 30-day option period to purchase up to 2,010,000 additional shares of Class A common stock from the Company at... More
