{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-080265","form_type":"8-K","ticker":"PRPL","cik":"0001643953","company_name":"Purple Innovation, Inc.","filed_at":"2026-07-22T15:11:28+00:00","discovered_at":"2026-07-22T15:12:02.404475+00:00","generated_at":"2026-07-22T15:12:07.862166+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Nasdaq panel grants Purple Innovation continued listing subject to bid price compliance by July 31, 2026","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-080265","json":"https://secwatch.observer/filing/0001213900-26-080265.json","markdown":"https://secwatch.observer/filing/0001213900-26-080265.md","text":"https://secwatch.observer/filing/0001213900-26-080265.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1643953/000121390026080265/0001213900-26-080265-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1643953/000121390026080265/ea0298652-8k_purple.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-22T15:12:07.862166+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}