Purple Innovation Inc - Ordinary Shares - Class A

NASDAQ:PRPL   4:00:00 PM EDT
5.15
+0.06 (+1.18%)
6:52:12 PM EDT: $4.96 -0.19 (-3.69%)
Mergers / Acquisitions

Purple Innovation Announces Formation Of Special Committee To Evaluate Unsolicited Takeover Proposal From Coliseum Capital Management

Published: 09/26/2022 13:24 GMT
Purple Innovation Inc - Ordinary Shares - Class A (PRPL) - Purple Innovation Announces Formation of Special Committee to Evaluate Unsolicited Takeover Proposal From Coliseum Capital Management.
Purple Innovation Inc - Adopts Limited-duration Shareholder Rights Plan.
Purple Innovation - Rights Will Be Exercisable Only If a Person Or Group Acquires Beneficial Ownership of 20% Or More of Co's Shares of Common Stock.
Purple Innovation - Rights Plan is Effective Immediately And, Based on Its Terms, Will Expire on September 25, 2023.