On September 30, 2026, Nasdaq notified Purple Innovation that its Market Value of Publicly Held Shares fell below the $15 million minimum for continued listing on the Nasdaq Global Select Market. The company has until March 29, 2026, to restore compliance by maintaining a market value above $15 million for ten consecutive business days. Failure to meet this requirement could result in delisting, though an appeal or transfer to the Nasdaq Capital Market remains possible. Purple Innovation manufactures and sells mattresses and sleep products.
