Purple Innovation (PRPL) Prices 7.308M Shares Secondary Offering at $30/Sh

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Go back to Purple Innovation (PRPL) Prices 7.308M Shares Secondary Offering at $30/Sh

Purple Innovation, Inc. Announces Pricing of Secondary Public Offering of Class A Common Stock

May 18, 2021 10:44 PM EDT

LEHI, Utah, May 18, 2021 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple" or the "Company"), a leader in comfort innovation and the creator of the renowned Purple® Mattress, today announced the pricing of an underwritten secondary public offering of 7,308,792 shares of its Class A common stock to be sold by Coliseum Capital Partners, L.P., Coliseum Co-Invest Debt Fund, L.P., Blackwell Partners LLC Series A, and Coliseum Capital Co-Invest III, L.P. (collectively, the "Selling Stockholders"). The shares of Class A common stock are being sold at a price of $30.00... More