The
Company’s mission is to help people feel and live better through innovative comfort solutions. Purple Innovation, Inc., collectively
with its subsidiary (the “Company” or “Purple Inc.”) is a digitally-native vertical brand founded on comfort product
innovation with premium offerings. The Company designs and manufactures a variety of innovative, branded and premium comfort products,
including mattresses, pillows, cushions, bases, sheets, and other products. The Company markets and sells its products through its e-commerce
online channels, retail brick-and-mortar wholesale partners, Purple retail showrooms, and third-party online retailers. The
Company was incorporated in Delaware on May 19, 2015 as a special purpose acquisition company under the name of Global Partnership Acquisition
Corp (“GPAC”). On February 2, 2018, the Company consummated a transaction structured similar to a reverse recapitalization
(the “Business Combination”) pursuant to which the Company acquired a portion of the equity of Purple Innovation, LLC (“Purple
LLC”). At the closing of the Business Combination (the “Closing”), the Company became the sole managing member of Purple
LLC, and GPAC was renamed Purple Innovation, Inc. As
the sole managing member of Purple LLC, Purple Inc. through its officers and directors is responsible for all operational and administrative
decision making and control of the day-to-day business affairs of Purple LLC without the approval of any other member.
Free historical financial statements for Purple Innovation Inc.
See how revenue, income, cash flow, and balance sheet financials have changed over 27 quarters since 2018. Compare with PRPL stock chart to see long term trends.
Data imported from Purple Innovation Inc SEC filings. Check original filings before making any investment decision.