Purple Innovation LLC.

• Position: Around Utah - Entered into a non-binding letter of intent with Global Partner Acquisition Corp. - Brief article

Alpine -- Global Partner Acquisition Corp., (GPAC) a special purpose acquisition company, and PURPLE INNOVATION, LLC, entered into a non-binding letter of intent relating to a business combination, pursuant to which Purple would become a publicly traded company. Under the terms of the letter of intent, GPAC and Purple intend to enter into a definitive agreement, pursuant to which GPAC would acquire Purple based on an enterprise value of $1.1 billion, with GPAC paying a portion of the purchase price In cash to the current equity holders (currently anticipated to be approximately $90 million), with...