regulatory
confidence high
sentiment negative
materiality 0.80
Nasdaq panel grants Purple Innovation continued listing subject to bid price compliance by July 31, 2026
Purple Innovation, Inc.
- Reverse stock split 1-for-25 effective July 20, 2026; stock opened at $7.12 per share.
- Must demonstrate closing bid price ≥ $1.00 for 10 consecutive trading days by July 31, 2026.
- Panel reserves right to reconsider; failure to comply may lead to delisting.
- Previously received deficiency notice on May 5, 2026 for bid price below $1.00.