|
||||||||||||||||||||||||||
| SEC Info℠ | | | Home | | | Search | | | My Interests | | | Help | | | Sign In | | | Please Sign In | |||||||
|
||||||||||||||||||||||||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 3/30/20 Purple Innovation, Inc. 8-K:1,2,9 3/27/20 2:42K Edgar Agents LLC/FA |
Document/Exhibit Description Pages Size
1: 8-K Current Report HTML 15K
2: EX-10.1 First Amendment to Amended and Restated Credit HTML 16K
Agreement Dated March 27, 2020.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 27, 2020
Purple Innovation, Inc.
(Exact Name of Registrant as Specified in its Charter)
| Delaware | 001-37523 | 47-4078206 | ||
| (State of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
| 123 East 200 North | ||
| Alpine, Utah | 84004 | |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: (801) 756-2600
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ |
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
| ☐ | Pre-commencements communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| Class A Common Stock, par value $0.0001 per share | PRPL | The NASDAQ Stock Market LLC | ||
| Warrants to purchase one-half of one share of Class A Common Stock | PRPLW | OTC PINK |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§ 240.12b–2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
C:
| ITEM 1.01 | ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT |
On March 27, 2020, Purple Innovation, LLC (the “Company”) and Purple Innovation, Inc. entered into the First Amendment to the Amended and Restated Credit Agreement (the “Amendment”) with Coliseum Capital Partners, L.P., Blackwell Partners LLC-Series A, and Coliseum Co-Invest Debt Fund, L.P. (collectively the “Lenders”).
Under the current Amended and Restated Credit Agreement, the Company is allowed to defer 7% of the 12% interest quarterly and include those deferred payments in the outstanding balance. The purpose of this Amendment is to allow the Company to defer the remaining 5% of interest for the quarterly payments due March 31 and June 30, 2020 in an effort to reduce its cash disbursements during the COVID-19 impact. Pursuant to the Amendment, Section 1.2(a) of the Amended and Restated Credit Agreement was amended by allowing the Company to defer and capitalize the full amount of the interest payments due on March 31, 2020 and June 30, 2020.
Except as expressly amended and modified by the Amendment, the provisions of the Amended and Restated Credit Agreement, remain in full force and effect.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, a copy of which is filed as Exhibit 10.1 hereto and incorporated by reference in this Current Report on Form 8-K.
| ITEM 2.03 |
CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATIONUNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT |
The information included in Item 1.01 of this Current Report on Form 8-K is also incorporated by reference into this Item 2.03 of this Current Report on Form 8-K.
| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS |
| Exhibit Number | Description | |
| 10.1 | First Amendment to Amended and Restated Credit Agreement dated March 27, 2020. |
C:
C: 1
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: March 30, 2020 | PURPLE INNOVATION, INC. | |
| By: | /s/ Craig L. Phillips | |
| Craig L. Phillips | ||
| Chief Financial Officer | ||
C:
2
| This ‘8-K’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| 6/30/20 | None on these Dates | |||
| 3/31/20 | ||||
| Filed on: | 3/30/20 | |||
| For Period end: | 3/27/20 | |||
| List all Filings | ||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 3/12/24 Purple Innovation, Inc. 10-K 12/31/23 115:9.7M EdgarAgents LLC/FA 5/01/23 Purple Innovation, Inc. 10-K/A 12/31/22 13:1M EdgarAgents LLC/FA 3/22/23 Purple Innovation, Inc. 10-K 12/31/22 114:9.8M EdgarAgents LLC/FA 3/16/22 Purple Innovation, Inc. 10-K/A 12/31/21 13:1.1M EdgarAgents LLC/FA 3/01/22 Purple Innovation, Inc. 10-K 12/31/21 106:12M EdgarAgents LLC/FA 5/10/21 Purple Innovation, Inc. DEFA14A 1:1.3M EdgarAgents LLC/FA 5/10/21 Purple Innovation, Inc. 10-K/A 12/31/20 113:9.9M EdgarAgents LLC/FA 3/11/21 Purple Innovation, Inc. 10-K 12/31/20 106:7.8M EdgarAgents LLC/FA 9/11/20 Purple Innovation, Inc. 424B1 1:1.6M Donnelley … Solutions/FA 9/09/20 Purple Innovation, Inc. S-3/A 1:1.6M Donnelley … Solutions/FA 9/08/20 Purple Innovation, Inc. S-3/A 4:1.8M Donnelley … Solutions/FA 8/31/20 Purple Innovation, Inc. S-3 2:1.6M Donnelley … Solutions/FA |