Purple Innovation (PRPL) Announces Review of Strategic Alternatives to Maximize Shareholder Value

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Go back to Purple Innovation (PRPL) Announces Review of Strategic Alternatives to Maximize Shareholder Value

Purple Innovation Announces Review of Strategic Alternatives to Maximize Shareholder Value

March 13, 2025 4:05 PM EDT

Initiates Review Following Receipt of Expressions of Interest

Returned to Positive Adjusted EBITDA and Positive Cash Flow Generation in Fourth Quarter 2024 and Expanded Credit Facility, Enabling Enhanced Financial Flexibility

LEHI, Utah, March 13, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple" or the "Company"), a comfort innovation company known for creating the "World's First No Pressure Mattress," today... More