Purple Innovation, Inc. (PRPL): Nasdaq/NYSE listing notice — Purple Innovation receives Nasdaq bid price deficiency notice; 180 days to comply

Purple Innovation, Inc.

Received Nasdaq notice on Nov 5, 2025 for bid price below $1.00 for 30 consecutive business days.
Must regain compliance by May 4, 2026; closing bid price must be >= $1.00 for 10 consecutive days.
If not compliant by May 4, may qualify for extra 180 days by transferring to Nasdaq Capital Market.
Failure to regain compliance or transfer could lead to delisting; company considering available options.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Purple Innovation, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5450(a)(1)

Exact text from the filing

November 5, 2025, Purple Innovation, Inc. (the “Company”) received written notice from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) that the Company is not in compliance with Nasdaq Listing Rule 5450(a)(1), as the closing bid price of the Company’s common stock has been below the required minimum of $1.00 per share for 30 consecutive business days. The notification of noncompliance has no immediate effect on the listing or trading of the Company’s Class A common stock on The Nasdaq Global Select Market. The Company has 180 calendar days, or until May 4, 2026, to

View on SEC.gov

5 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Purple Innovation, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-107157

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.