PURPLE INNOVATION, INC. (a Delaware corporation) 14,000,000 Shares of Class A Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • March 28th, 2022 • Purple Innovation, Inc. • Household furniture • New York
Purple Innovation, Inc., a Delaware corporation (the “Company”), confirms its agreement with BofA Securities, Inc. (the “Underwriter”), with respect to (i) the sale by the Company and the purchase by the Underwriter of 14,000,000 shares of Class A common stock, par value $0.0001 per share, of the Company (the “Class A Common Stock”) set forth in Schedule A hereto and (ii) the grant by the Company to the Underwriter of the option described in Section 2(b) hereof to purchase all or any part of 2,100,000 additional shares of Class A Common Stock. The aforesaid 14,000,000 shares of Class A Common Stock (the “Initial Securities”) to be purchased by the Underwriter and all or any part of the 2,100,000 shares of Class A Common Stock subject to the option described in Section 2(b) hereof (the “Option Securities”) are herein called, collectively, the “Securities.”
