---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-085665"
form_type: "8-K"
ticker: "PRPL"
cik: "0001643953"
company_name: "Purple Innovation, Inc."
filed_at: "2025-09-09T23:59:59+00:00"
generated_at: "2026-05-17T07:18:49.337126+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Purple Innovation regains Nasdaq bid price compliance after stock closed above $1.00

## Summary
- Received Nasdaq notice on Sep 8, 2025 confirming compliance with Bid Price Rule (5450(a)(1)).
- Non-compliance was triggered on Apr 4, 2025 due to bid price below $1.00 for 30 consecutive days.
- Nasdaq determined closing bid price at or above $1.00 from Aug 22 to Sep 5, 2025 (10 days).
- No further action required; common stock PRPL continues trading on Nasdaq.

## SEC filing metadata
- accession: 0001213900-25-085665
- form_type: 8-K
- ticker: PRPL
- cik: 0001643953
- company_name: Purple Innovation, Inc.
- filed_at: 2025-09-09T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643953/000121390025085665/0001213900-25-085665-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643953/000121390025085665/ea0254642-8k_purple.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-085665
- JSON: https://secwatch.observer/filing/0001213900-25-085665.json
- Plain text: https://secwatch.observer/filing/0001213900-25-085665.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.