Purple secures financing for growth, invests in future.

Purple Innovation, Inc. Completes Refinancing Deal to Enhance Financial Flexibility

Purple Innovation, Inc., a leading company specializing in comfort technology, has successfully completed a refinancing deal aimed at enhancing its financial flexibility and supporting its growth strategy. The refinancing includes a consolidated term loan of $61 million, providing the company with approximately $21 million of additional capital after expenses. There is also an option for an incremental term loan of up to $19 million, subject to terms agreement.